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8 of 41 unique stocks in common · Jaccard: 19.5%
A weighted portfolio overlap of 26.94% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.94 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 ICICI Bank, which commands a weight of 7.28% in SBI Focused Fund and 4.97% in SBI Long Term Advantage Fund - Series V. 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 Focused | in SBI Long |
|---|---|---|
| ICICI BankBanks | 7.28% | 4.97% |
| State Bank of IndiaBanks | 6.21% | 4.63% |
| Muthoot FinanceFinance | 5.02% | 4.37% |
| Kotak Mahindra BankBanks | 5.77% | 3.26% |
| Bajaj FinanceFinance | 4.96% | 2.82% |
| Sona BLW Precision ForgingsAuto Components | 2.48% | 2.57% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 2.25% | 3.77% |
| Eicher MotorsAutomobiles | 2.16% | 4.05% |
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.