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8 of 91 unique stocks in common · Jaccard: 8.8%
A weighted portfolio overlap of 29.24% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.24 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.58% in SBI Retirement Benefit Fund - Aggressive Plan and 7.23% in Templeton India Value Fund. 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 | in Templeton |
|---|---|---|
| HDFC BankBanks | 6.58% | 7.23% |
| Reliance IndustriesPetroleum Products | 5.42% | 6.01% |
| ICICI BankBanks | 5.47% | 4.67% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 3.27% |
| Axis BankBanks | 2.85% | 6.78% |
| InfosysIT - Software | 2.76% | 3.45% |
| State Bank of IndiaBanks | 3.71% | 2.66% |
| HDB Financial ServicesFinance | 1.04% | 1.94% |
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.