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10 of 93 unique stocks in common · Jaccard: 10.8%
A weighted portfolio overlap of 13.48% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.48 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.70% in SBI Quant Fund and 3.91% in Sundaram Multi-Factor 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 | 9.70% | 3.91% |
| Hero MotoCorpAutomobiles | 5.15% | 2.50% |
| HDFC BankBanks | 1.53% | 4.49% |
| Power Finance CorporationFinance | 1.23% | 1.23% |
| NMDCMinerals & Mining | 2.61% | 1.06% |
| Oracle Financial Services SoftwareIT - Software | 2.76% | 1.01% |
| Cummins IndiaIndustrial Products | 1.20% | 0.96% |
| Polycab IndiaIndustrial Products | 2.26% | 0.74% |
| Petronet LNGGas | 0.34% | 2.31% |
| Reliance IndustriesPetroleum Products | 0.22% | 3.41% |
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.