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16 of 92 unique stocks in common · Jaccard: 17.4%
A weighted portfolio overlap of 31.94% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.94 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.25% in Nippon India Vision Fund and 12.80% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in HDFC Bank rather than expanding your diversification.
If the overlap is above 30%, it is typically because both schemes benchmark to the same index (e.g. Nifty 50 or Nifty LargeMidcap 250) or overlap in their top large-cap picks. To improve your portfolio's diversification, consider allocating one of these tranches to a category with lower structural correlation (such as a mid-cap, small-cap, or international equity fund).
| Stock | in Nippon | in SBI |
|---|---|---|
| HDFC BankBanks | 5.25% | 12.80% |
| ICICI BankBanks | 4.54% | 10.14% |
| Reliance IndustriesPetroleum Products | 4.27% | 10.08% |
| Larsen & ToubroConstruction | 2.38% | 5.38% |
| NTPCPower | 2.40% | 2.07% |
| State Bank of IndiaBanks | 1.96% | 4.52% |
| Axis BankBanks | 1.52% | 4.15% |
| Tata Consultancy ServicesIT - Software | 1.50% | 2.58% |
| Bharat ElectronicsAerospace & Defense | 1.46% | 1.66% |
| Bharti AirtelTelecom - Services | 1.46% | 5.89% |
| Maruti Suzuki IndiaAutomobiles | 1.41% | 1.95% |
| ITCDiversified FMCG | 1.29% | 3.12% |
| EternalRetailing | 0.97% | 2.02% |
| InfosysIT - Software | 0.94% | 4.56% |
| InterGlobe AviationTransport Services | 0.62% | 1.11% |
| HCL TechnologiesIT - Software | 0.30% | 1.41% |
Weighted overlap = Σ min(weight in fund A, weight in fund B) across shared stocks, from each fund's latest public monthly portfolio (as on May 2026). Equity holdings only, ISIN-verified. Not investment advice.