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9 of 49 unique stocks in common · Jaccard: 18.4%
A weighted portfolio overlap of 29.64% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.64 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 ICICI Bank, which commands a weight of 10.14% in SBI BSE Sensex ETF and 6.90% in SBI Long Term Advantage Fund - Series IV. 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 BSE | in SBI Long |
|---|---|---|
| ICICI BankBanks | 10.14% | 6.90% |
| State Bank of IndiaBanks | 4.52% | 4.04% |
| InfosysIT - Software | 4.56% | 3.85% |
| Reliance IndustriesPetroleum Products | 10.08% | 3.73% |
| Kotak Mahindra BankBanks | 3.19% | 3.22% |
| Bajaj FinanceFinance | 2.73% | 6.65% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.19% | 3.29% |
| Tata SteelFerrous Metals | 1.94% | 3.26% |
| Tech MahindraIT - Software | 1.07% | 3.88% |
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.