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8 of 66 unique stocks in common · Jaccard: 12.1%
A weighted portfolio overlap of 21.48% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.48 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 3.79% in SBI Equity Hybrid Fund and 4.64% in SBI Long Term Advantage Fund - Series VI. Holding both schemes increases your concentration in State Bank of India 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 Long |
|---|---|---|
| State Bank of IndiaBanks | 3.79% | 4.64% |
| ICICI BankBanks | 4.04% | 3.78% |
| Bharti AirtelTelecom - Services | 3.27% | 4.20% |
| Kotak Mahindra BankBanks | 3.20% | 4.02% |
| Larsen & ToubroConstruction | 2.50% | 4.52% |
| HDFC BankBanks | 2.39% | 4.42% |
| AIA EngineeringIndustrial Products | 1.55% | 2.03% |
| AstralIndustrial Products | 1.00% | 3.80% |
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.