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9 of 69 unique stocks in common · Jaccard: 13%
A weighted portfolio overlap of 22.34% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.34 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 6.12% in SBI Dividend Yield Fund and 4.97% in SBI Long Term Advantage Fund - Series V. 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 Dividend | in SBI Long |
|---|---|---|
| ICICI BankBanks | 6.12% | 4.97% |
| State Bank of IndiaBanks | 4.20% | 4.63% |
| InfosysIT - Software | 3.00% | 3.16% |
| Kotak Mahindra BankBanks | 2.03% | 3.26% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.95% | 3.05% |
| Eicher MotorsAutomobiles | 1.74% | 4.05% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 1.72% | 3.77% |
| Grindwell NortonIndustrial Products | 1.49% | 3.94% |
| Bank of BarodaBanks | 1.24% | 3.03% |
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.