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16 of 89 unique stocks in common · Jaccard: 18%
A weighted portfolio overlap of 29.78% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.78 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 Adani Power, which commands a weight of 4.03% in SBI Equity Hybrid Fund and 5.43% in SBI MultiCap Fund. Holding both schemes increases your concentration in Adani Power 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 MultiCap |
|---|---|---|
| Adani PowerPower | 4.03% | 5.43% |
| Kotak Mahindra BankBanks | 3.20% | 3.88% |
| ICICI BankBanks | 4.04% | 2.94% |
| Bharti AirtelTelecom - Services | 3.27% | 2.71% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 2.62% | 2.65% |
| HDFC BankBanks | 2.39% | 3.55% |
| Reliance IndustriesPetroleum Products | 2.36% | 3.19% |
| Asian PaintsConsumer Durables | 1.75% | 3.00% |
| Hindalco IndustriesNon - Ferrous Metals | 1.74% | 2.28% |
| InfosysIT - Software | 1.65% | 1.45% |
| Page IndustriesTextiles & Apparels | 1.44% | 1.27% |
| Vishal Mega MartRetailing | 1.01% | 1.42% |
| Muthoot FinanceFinance | 2.79% | 0.94% |
| JSW EnergyPower | 1.77% | 0.79% |
| United BreweriesBeverages | 0.47% | 1.65% |
| Brainbees SolutionsRetailing | 0.11% | 0.38% |
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.