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18 of 81 unique stocks in common · Jaccard: 22.2%
A weighted portfolio overlap of 23.93% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.93 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 4.22% in quant Arbitrage Fund and 8.25% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.22% | 8.25% |
| HDFC BankBanks | 3.73% | 10.53% |
| ITCDiversified FMCG | 2.56% | 2.56% |
| Bharti AirtelTelecom - Services | 1.28% | 5.19% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 3.61% | 1.23% |
| Asian PaintsConsumer Durables | 1.37% | 1.12% |
| Shriram FinanceFinance | 1.11% | 1.23% |
| JSW SteelFerrous Metals | 1.20% | 1.11% |
| Kotak Mahindra BankBanks | 1.07% | 2.62% |
| ICICI BankBanks | 0.97% | 8.30% |
| Bajaj FinservFinance | 1.03% | 0.95% |
| Oil & Natural Gas CorporationOil | 1.10% | 0.95% |
| Jio Financial ServicesFinance | 4.07% | 0.72% |
| Bajaj FinanceFinance | 0.72% | 2.25% |
| Max Healthcare InstituteHealthcare Services | 1.48% | 0.66% |
| Power Grid Corporation of IndiaPower | 0.58% | 1.22% |
| State Bank of IndiaBanks | 0.48% | 3.70% |
| Adani EnterprisesMetals & Minerals Trading | 0.47% | 0.78% |
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.