Loading fund overlap…
18 of 114 unique stocks in common · Jaccard: 15.8%
A weighted portfolio overlap of 23.47% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.47 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.40% in SBI Equity Hybrid Fund and 6.19% in SBI Equity Savings 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 Equity Hybrid | in SBI Equity Savings |
|---|---|---|
| ICICI BankBanks | 4.40% | 6.19% |
| Kotak Mahindra BankBanks | 3.10% | 6.14% |
| Bharti AirtelTelecom - Services | 2.91% | 2.95% |
| HDFC BankBanks | 2.29% | 6.91% |
| Reliance IndustriesPetroleum Products | 2.23% | 5.51% |
| Larsen & ToubroConstruction | 2.31% | 2.21% |
| InfosysIT - Software | 1.67% | 1.27% |
| State Bank of IndiaBanks | 3.85% | 1.25% |
| DLFRealty | 0.97% | 1.06% |
| Jindal SteelFerrous Metals | 0.88% | 1.16% |
| Asian PaintsConsumer Durables | 1.72% | 0.63% |
| Hindalco IndustriesNon - Ferrous Metals | 0.45% | 1.63% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 2.10% | 0.31% |
| Shree CementCement & Cement Products | 1.75% | 0.23% |
| Adani EnterprisesMetals & Minerals Trading | 2.55% | 0.16% |
| ITCDiversified FMCG | 0.73% | 0.12% |
| Bajaj FinanceFinance | 2.98% | 0.03% |
| SwiggyRetailing | 0.74% | 0.03% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.