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12 of 87 unique stocks in common · Jaccard: 13.8%
A weighted portfolio overlap of 10.74% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.74 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 Asian Paints, which commands a weight of 1.85% in SBI Conservative Hybrid Fund and 3.00% in SBI MultiCap Fund. Holding both schemes increases your concentration in Asian Paints 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 MultiCap |
|---|---|---|
| Asian PaintsConsumer Durables | 1.85% | 3.00% |
| BioconPharmaceuticals & Biotechnology | 1.66% | 2.04% |
| Axis BankBanks | 1.33% | 1.97% |
| Reliance IndustriesPetroleum Products | 1.24% | 3.19% |
| Bajaj FinservFinance | 1.18% | 2.88% |
| Aether IndustriesChemicals & Petrochemicals | 0.98% | 1.89% |
| HDFC BankBanks | 0.84% | 3.55% |
| Carborundum UniversalIndustrial Products | 0.49% | 1.56% |
| Aptus Value Housing Finance IndiaFinance | 0.36% | 1.20% |
| Jubilant FoodworksLeisure Services | 0.36% | 2.03% |
| Styrenix Performance MaterialsChemicals & Petrochemicals | 0.26% | 0.30% |
| Escorts KubotaAgricultural, Commercial & Construction Vehicles | 0.31% | 0.19% |
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.