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3 of 61 unique stocks in common · Jaccard: 4.9%
A weighted portfolio overlap of 10.9% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.9 is allocated to the exact same companies at the same relative proportions. The schemes share 3 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 10.08% in SBI BSE Sensex ETF and 7.85% in SBI Energy Opportunities 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 BSE | in SBI Energy |
|---|---|---|
| Reliance IndustriesPetroleum Products | 10.08% | 7.85% |
| NTPCPower | 2.07% | 4.89% |
| Power Grid Corporation of IndiaPower | 1.49% | 0.98% |
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.