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12 of 53 unique stocks in common · Jaccard: 22.6%
A weighted portfolio overlap of 44.46% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹44.46 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 12.80% in SBI Banking And Financial Services Fund and 9.93% in Tata Banking & Financial Services 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 | in Tata |
|---|---|---|
| ICICI BankBanks | 12.80% | 9.93% |
| State Bank of IndiaBanks | 8.67% | 9.00% |
| Axis BankBanks | 6.21% | 9.20% |
| HDFC BankBanks | 5.90% | 9.64% |
| Kotak Mahindra BankBanks | 9.98% | 4.18% |
| SBI Life Insurance CompanyInsurance | 2.74% | 4.05% |
| Shriram FinanceFinance | 1.83% | 4.57% |
| Star Health And Allied Insurance CompanyInsurance | 1.69% | 2.23% |
| HDFC Asset Management CompanyCapital Markets | 1.17% | 4.57% |
| 360 One WamCapital Markets | 0.85% | 2.84% |
| City Union BankBanks | 0.74% | 1.77% |
| Pine LabsFinancial Technology (Fintech) | 0.55% | 2.02% |
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.