Loading fund overlap…
5 of 98 unique stocks in common · Jaccard: 5.1%
A weighted portfolio overlap of 4.33% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.33 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 2.95% in SBI Children's Fund - Investment Plan and 1.59% in SBI Multi Asset Allocation 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 Children's | in SBI Multi |
|---|---|---|
| ICICI BankBanks | 2.95% | 1.59% |
| Kotak Mahindra BankBanks | 4.21% | 1.41% |
| Privi Speciality ChemicalsChemicals & Petrochemicals | 3.12% | 0.81% |
| State Bank of IndiaBanks | 5.44% | 0.50% |
| Elin ElectronicsConsumer Durables | 0.02% | 0.04% |
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.