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15 of 109 unique stocks in common · Jaccard: 13.8%
A weighted portfolio overlap of 26.66% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.66 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.18% in SBI Large and Midcap Fund and 10.53% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in HDFC 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 Large | in SBI Nifty |
|---|---|---|
| HDFC BankBanks | 7.18% | 10.53% |
| Axis BankBanks | 3.30% | 3.41% |
| State Bank of IndiaBanks | 2.81% | 3.70% |
| ICICI BankBanks | 2.65% | 8.30% |
| Reliance IndustriesPetroleum Products | 2.55% | 8.25% |
| Asian PaintsConsumer Durables | 2.60% | 1.12% |
| Hindustan UnileverDiversified FMCG | 1.09% | 1.77% |
| Tata SteelFerrous Metals | 1.06% | 1.59% |
| InfosysIT - Software | 1.03% | 3.76% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.92% | 1.23% |
| Adani EnterprisesMetals & Minerals Trading | 2.16% | 0.78% |
| HCL TechnologiesIT - Software | 0.66% | 1.15% |
| HDFC Life Insurance CompanyInsurance | 1.94% | 0.59% |
| Tata Consultancy ServicesIT - Software | 0.50% | 2.13% |
| WiproIT - Software | 0.42% | 0.54% |
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.