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5 of 55 unique stocks in common · Jaccard: 9.1%
A weighted portfolio overlap of 8.35% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.35 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 3.54% in SBI Nifty 50 ETF and 29.20% in SBI Nifty IT ETF. Holding both schemes increases your concentration in Infosys 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 Nifty 50 | in SBI Nifty IT |
|---|---|---|
| InfosysIT - Software | 3.54% | 29.20% |
| Tata Consultancy ServicesIT - Software | 2.16% | 20.27% |
| HCL TechnologiesIT - Software | 1.27% | 11.92% |
| Tech MahindraIT - Software | 0.94% | 10.83% |
| WiproIT - Software | 0.44% | 5.14% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.