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13 of 96 unique stocks in common · Jaccard: 13.5%
A weighted portfolio overlap of 8.68% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.68 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is Biocon, which commands a weight of 1.66% in SBI Conservative Hybrid Fund and 1.34% in SBI Flexicap Fund. Holding both schemes increases your concentration in Biocon 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 Conservative | in SBI Flexicap |
|---|---|---|
| BioconPharmaceuticals & Biotechnology | 1.66% | 1.34% |
| Axis BankBanks | 1.33% | 4.49% |
| Reliance IndustriesPetroleum Products | 1.24% | 1.93% |
| Kingfa Science & Technology IndiaIndustrial Products | 2.00% | 0.85% |
| HDFC BankBanks | 0.84% | 4.24% |
| Max Financial ServicesInsurance | 0.68% | 2.22% |
| Asian PaintsConsumer Durables | 1.85% | 0.55% |
| Carborundum UniversalIndustrial Products | 0.49% | 0.81% |
| Aptus Value Housing Finance IndiaFinance | 0.36% | 0.82% |
| Jubilant FoodworksLeisure Services | 0.36% | 0.72% |
| Grindwell NortonIndustrial Products | 0.90% | 0.33% |
| Nuvoco Vistas CorporationCement & Cement Products | 0.23% | 1.22% |
| Sheela FoamConsumer Durables | 0.20% | 0.08% |
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.