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29 of 160 unique stocks in common · Jaccard: 18.1%
A weighted portfolio overlap of 12.99% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.99 is allocated to the exact same companies at the same relative proportions. The schemes share 29 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.06% in ICICI Prudential Aggressive Hybrid Fund and 1.78% in SBI Multi Asset Allocation 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 ICICI | in SBI |
|---|---|---|
| HDFC BankBanks | 6.06% | 1.78% |
| ICICI BankBanks | 5.21% | 1.61% |
| Axis BankBanks | 2.61% | 1.12% |
| Reliance IndustriesPetroleum Products | 4.55% | 1.05% |
| Kotak Mahindra BankBanks | 0.89% | 1.34% |
| Samvardhana Motherson InternationalAuto Components | 0.71% | 1.33% |
| Oil & Natural Gas CorporationOil | 0.70% | 1.27% |
| Oil IndiaOil | 0.59% | 0.57% |
| Indian Oil CorporationPetroleum Products | 0.57% | 0.66% |
| State Bank of IndiaBanks | 0.95% | 0.48% |
| ITCDiversified FMCG | 0.95% | 0.46% |
| Kalpataru Projects InternationalConstruction | 0.78% | 0.38% |
| BioconPharmaceuticals & Biotechnology | 0.27% | 1.56% |
| Bajaj FinservFinance | 0.24% | 1.08% |
| Hindustan AeronauticsAerospace & Defense | 0.22% | 0.46% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.21% | 0.25% |
| Life Insurance Corporation Of IndiaInsurance | 2.95% | 0.20% |
| Bandhan BankBanks | 0.19% | 1.60% |
| InfosysIT - Software | 0.19% | 0.19% |
| Cohance LifesciencesPharmaceuticals & Biotechnology | 0.19% | 1.13% |
| Tata SteelFerrous Metals | 0.74% | 0.17% |
| Mahindra Lifespace DevelopersRealty | 0.16% | 0.75% |
| Jubilant FoodworksLeisure Services | 0.22% | 0.15% |
| Bharti AirtelTelecom - Services | 1.57% | 0.14% |
| HCL TechnologiesIT - Software | 0.13% | 0.49% |
| Coromandel InternationalFertilizers & Agrochemicals | 0.09% | 0.55% |
| Equitas Small Finance BankBanks | 0.08% | 0.07% |
| NHPCPower | 0.04% | 0.84% |
| V-Mart RetailRetailing | 0.01% | 0.11% |
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.