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14 of 77 unique stocks in common · Jaccard: 18.2%
A weighted portfolio overlap of 44.82% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹44.82 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.11% in SBI ESG Exclusionary Strategy Fund and 8.30% in SBI Nifty 50 ETF. 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 ESG | in SBI Nifty |
|---|---|---|
| ICICI BankBanks | 8.11% | 8.30% |
| HDFC BankBanks | 7.65% | 10.53% |
| Larsen & ToubroConstruction | 4.82% | 4.43% |
| InfosysIT - Software | 4.66% | 3.76% |
| State Bank of IndiaBanks | 3.67% | 3.70% |
| Axis BankBanks | 5.06% | 3.41% |
| Kotak Mahindra BankBanks | 3.78% | 2.62% |
| Reliance IndustriesPetroleum Products | 2.53% | 8.25% |
| Bajaj FinanceFinance | 3.63% | 2.25% |
| Maruti Suzuki IndiaAutomobiles | 3.85% | 1.59% |
| Hindalco IndustriesNon - Ferrous Metals | 3.61% | 1.51% |
| Ultratech CementCement & Cement Products | 3.30% | 1.26% |
| Asian PaintsConsumer Durables | 3.05% | 1.12% |
| Eicher MotorsAutomobiles | 2.06% | 0.91% |
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.