Loading fund overlap…
11 of 105 unique stocks in common · Jaccard: 10.5%
A weighted portfolio overlap of 7.66% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.66 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 2.16% in SBI Aggressive Hybrid Fund and 1.78% in SBI Multi Asset Allocation 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 SBI Aggressive | in SBI Multi |
|---|---|---|
| HDFC BankBanks | 2.16% | 1.78% |
| ICICI BankBanks | 4.43% | 1.61% |
| Kotak Mahindra BankBanks | 3.31% | 1.34% |
| Reliance IndustriesPetroleum Products | 2.16% | 1.05% |
| State Bank of IndiaBanks | 3.95% | 0.48% |
| ITCDiversified FMCG | 0.66% | 0.46% |
| Vishal Mega MartRetailing | 0.87% | 0.26% |
| Life Insurance Corporation Of IndiaInsurance | 2.36% | 0.20% |
| InfosysIT - Software | 1.66% | 0.19% |
| Varun BeveragesBeverages | 0.15% | 0.73% |
| Bharti AirtelTelecom - Services | 2.25% | 0.14% |
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.