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8 of 58 unique stocks in common · Jaccard: 13.8%
A weighted portfolio overlap of 11.26% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.26 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 Bharti Airtel, which commands a weight of 2.91% in SBI Equity Hybrid Fund and 2.38% in Sundaram Conservative Hybrid Fund. Holding both schemes increases your concentration in Bharti Airtel 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 | in Sundaram |
|---|---|---|
| Bharti AirtelTelecom - Services | 2.91% | 2.38% |
| HDFC BankBanks | 2.29% | 2.14% |
| Reliance IndustriesPetroleum Products | 2.23% | 2.08% |
| State Bank of IndiaBanks | 3.85% | 1.32% |
| ICICI BankBanks | 4.40% | 1.18% |
| InfosysIT - Software | 1.67% | 0.91% |
| Kotak Mahindra BankBanks | 3.10% | 0.71% |
| Larsen & ToubroConstruction | 2.31% | 0.55% |
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.