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16 of 50 unique stocks in common · Jaccard: 32%
A weighted portfolio overlap of 38.46% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹38.46 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.04% in SBI Equity Hybrid Fund and 7.28% in SBI Focused 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 | in SBI Focused |
|---|---|---|
| ICICI BankBanks | 4.04% | 7.28% |
| Adani PowerPower | 4.03% | 6.43% |
| Solar Industries IndiaChemicals & Petrochemicals | 3.89% | 4.34% |
| State Bank of IndiaBanks | 3.79% | 6.21% |
| Adani Energy SolutionsPower | 3.63% | 4.92% |
| Bharti AirtelTelecom - Services | 3.27% | 5.49% |
| Kotak Mahindra BankBanks | 3.20% | 5.77% |
| Muthoot FinanceFinance | 2.79% | 5.02% |
| Bajaj FinanceFinance | 2.49% | 4.96% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 2.62% | 2.25% |
| Lenskart SolutionsRetailing | 1.43% | 1.99% |
| Vishal Mega MartRetailing | 1.01% | 1.83% |
| DLFRealty | 0.91% | 1.97% |
| MeeshoRetailing | 0.77% | 2.28% |
| Procter & Gamble Hygiene and Health CarePersonal Products | 0.49% | 1.86% |
| Samvardhana Motherson InternationalAuto Components | 0.47% | 0.86% |
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.