Loading fund overlap…
12 of 80 unique stocks in common · Jaccard: 15%
A weighted portfolio overlap of 14.06% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.06 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 3.73% in quant Arbitrage Fund and 2.39% in SBI Equity Hybrid Fund. 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 quant | in SBI |
|---|---|---|
| HDFC BankBanks | 3.73% | 2.39% |
| Reliance IndustriesPetroleum Products | 4.22% | 2.36% |
| Asian PaintsConsumer Durables | 1.37% | 1.75% |
| Bharti AirtelTelecom - Services | 1.28% | 3.27% |
| Kotak Mahindra BankBanks | 1.07% | 3.20% |
| ICICI BankBanks | 0.97% | 4.04% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.91% | 2.62% |
| DLFRealty | 1.99% | 0.91% |
| Max Healthcare InstituteHealthcare Services | 1.48% | 0.80% |
| ITCDiversified FMCG | 2.56% | 0.79% |
| Bajaj FinanceFinance | 0.72% | 2.49% |
| State Bank of IndiaBanks | 0.48% | 3.79% |
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.