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9 of 67 unique stocks in common · Jaccard: 13.4%
A weighted portfolio overlap of 19.16% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.16 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Sona BLW Precision Forgings, which commands a weight of 4.46% in SBI Automotive Opportunities Fund and 3.01% in SBI MNC Fund. Holding both schemes increases your concentration in Sona BLW Precision Forgings 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 Automotive | in SBI MNC |
|---|---|---|
| Sona BLW Precision ForgingsAuto Components | 4.46% | 3.01% |
| Tenneco Clean Air IndiaAuto Components | 2.73% | 2.62% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 2.83% | 2.42% |
| Samvardhana Motherson InternationalAuto Components | 4.50% | 2.40% |
| Bharat ForgeAuto Components | 4.54% | 2.26% |
| Hyundai Motor IndiaAutomobiles | 2.23% | 2.22% |
| Maruti Suzuki IndiaAutomobiles | 6.08% | 2.17% |
| Timken IndiaIndustrial Products | 2.48% | 1.46% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.60% | 1.54% |
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.