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16 of 102 unique stocks in common · Jaccard: 15.7%
A weighted portfolio overlap of 18.13% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.13 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 ICICI Bank, which commands a weight of 4.43% in SBI Aggressive Hybrid Fund and 3.82% in SBI Balanced Advantage Fund. Holding both schemes increases your concentration in ICICI 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 SBI Aggressive | in SBI Balanced |
|---|---|---|
| ICICI BankBanks | 4.43% | 3.82% |
| Larsen & ToubroConstruction | 2.35% | 2.55% |
| HDFC BankBanks | 2.16% | 3.57% |
| Reliance IndustriesPetroleum Products | 2.16% | 4.42% |
| Bharti AirtelTelecom - Services | 2.25% | 1.37% |
| Kotak Mahindra BankBanks | 3.31% | 1.07% |
| Asian PaintsConsumer Durables | 1.65% | 0.82% |
| State Bank of IndiaBanks | 3.95% | 0.79% |
| DLFRealty | 1.01% | 0.76% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.67% | 1.77% |
| ITCDiversified FMCG | 0.66% | 1.21% |
| Life Insurance Corporation Of IndiaInsurance | 2.36% | 0.48% |
| Vishal Mega MartRetailing | 0.87% | 0.44% |
| Tata Consultancy ServicesIT - Software | 1.89% | 0.25% |
| Coal IndiaConsumable Fuels | 0.86% | 0.22% |
| InfosysIT - Software | 1.66% | 0.11% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.