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22 of 110 unique stocks in common · Jaccard: 20%
A weighted portfolio overlap of 31.17% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.17 is allocated to the exact same companies at the same relative proportions. The schemes share 22 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 4.98% in SBI Balanced Advantage Fund and 6.01% in Templeton India Value Fund. 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 SBI | in Templeton |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.98% | 6.01% |
| HDFC BankBanks | 4.04% | 7.23% |
| ICICI BankBanks | 3.39% | 4.67% |
| Tata Motors Passenger VehiclesAutomobiles | 2.19% | 2.08% |
| Tata SteelFerrous Metals | 2.07% | 2.49% |
| Axis BankBanks | 1.91% | 6.78% |
| CESCPower | 1.66% | 1.69% |
| ITCDiversified FMCG | 1.40% | 2.20% |
| GAIL (India)Gas | 2.44% | 1.34% |
| HCL TechnologiesIT - Software | 1.26% | 1.33% |
| Bandhan BankBanks | 1.20% | 1.90% |
| Power Grid Corporation of IndiaPower | 1.16% | 1.60% |
| Maruti Suzuki IndiaAutomobiles | 0.92% | 3.27% |
| Oil & Natural Gas CorporationOil | 0.77% | 3.82% |
| CiplaPharmaceuticals & Biotechnology | 0.74% | 3.36% |
| State Bank of IndiaBanks | 0.74% | 2.66% |
| Bharat Petroleum CorporationPetroleum Products | 0.52% | 1.07% |
| Gateway DistriparksTransport Services | 0.29% | 0.51% |
| Grasim IndustriesCement & Cement Products | 0.29% | 1.50% |
| Tata Consultancy ServicesIT - Software | 0.24% | 4.01% |
| InfosysIT - Software | 0.11% | 3.45% |
| Go Fashion IndiaRetailing | 0.07% | 0.36% |
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.