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11 of 76 unique stocks in common · Jaccard: 14.5%
A weighted portfolio overlap of 22.03% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.03 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Cummins India, which commands a weight of 5.82% in SBI MNC Fund and 3.94% in SBI Quality Fund. Holding both schemes increases your concentration in Cummins India 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 MNC | in SBI Quality |
|---|---|---|
| Cummins IndiaIndustrial Products | 5.82% | 3.94% |
| Sona BLW Precision ForgingsAuto Components | 3.01% | 2.16% |
| SiemensElectrical Equipment | 3.17% | 2.13% |
| Grindwell NortonIndustrial Products | 3.03% | 2.12% |
| Anthem BiosciencesPharmaceuticals & Biotechnology | 2.76% | 2.09% |
| CCL Products (India)Agricultural Food & Other Products | 2.61% | 2.03% |
| Britannia IndustriesFood Products | 2.58% | 2.00% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 4.95% | 1.89% |
| Timken IndiaIndustrial Products | 1.46% | 2.06% |
| ABB IndiaElectrical Equipment | 2.99% | 1.27% |
| CoforgeIT - Software | 0.94% | 2.38% |
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.