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12 of 92 unique stocks in common · Jaccard: 13%
A weighted portfolio overlap of 25.11% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.11 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 HDFC Bank, which commands a weight of 12.80% in SBI BSE Sensex ETF and 7.18% in SBI Large and Midcap 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 BSE | in SBI Large |
|---|---|---|
| HDFC BankBanks | 12.80% | 7.18% |
| Axis BankBanks | 4.15% | 3.30% |
| State Bank of IndiaBanks | 4.52% | 2.81% |
| ICICI BankBanks | 10.14% | 2.65% |
| Reliance IndustriesPetroleum Products | 10.08% | 2.55% |
| Asian PaintsConsumer Durables | 1.36% | 2.60% |
| Hindustan UnileverDiversified FMCG | 2.16% | 1.09% |
| Tata SteelFerrous Metals | 1.94% | 1.06% |
| InfosysIT - Software | 4.56% | 1.03% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.50% | 0.92% |
| HCL TechnologiesIT - Software | 1.41% | 0.66% |
| Tata Consultancy ServicesIT - Software | 2.58% | 0.50% |
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.