Loading fund overlap…
6 of 116 unique stocks in common · Jaccard: 5.2%
A weighted portfolio overlap of 9.47% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.47 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.98% in SBI Large and Midcap Fund and 2.58% in Sundaram Large and Mid Cap Fund. 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 | in Sundaram |
|---|---|---|
| ICICI BankBanks | 3.98% | 2.58% |
| State Bank of IndiaBanks | 2.88% | 2.19% |
| FSN E-Commerce VenturesRetailing | 1.49% | 2.98% |
| ICICI Prudential Asset Management CompanyCapital Markets | 1.45% | 1.34% |
| DelhiveryTransport Services | 0.99% | 2.30% |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | 1.86% | 0.87% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.