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14 of 88 unique stocks in common · Jaccard: 15.9%
A weighted portfolio overlap of 25.6% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.6 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 3.92% in ICICI Prudential Active Momentum Fund and 10.53% in SBI Nifty 50 ETF. 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 ICICI | in SBI |
|---|---|---|
| HDFC BankBanks | 3.92% | 10.53% |
| Larsen & ToubroConstruction | 3.19% | 4.43% |
| Mahindra & MahindraAutomobiles | 2.60% | 2.52% |
| Axis BankBanks | 2.46% | 3.41% |
| Kotak Mahindra BankBanks | 2.38% | 2.62% |
| Tata SteelFerrous Metals | 3.13% | 1.59% |
| Titan CompanyConsumer Durables | 3.02% | 1.55% |
| NTPCPower | 1.46% | 1.70% |
| Bharat ElectronicsAerospace & Defense | 1.78% | 1.36% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 2.41% | 1.23% |
| Power Grid Corporation of IndiaPower | 1.81% | 1.22% |
| Bajaj AutoAutomobiles | 2.45% | 1.07% |
| Oil & Natural Gas CorporationOil | 1.79% | 0.95% |
| Tata Consumer ProductsAgricultural Food & Other Products | 1.97% | 0.71% |
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.