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24 of 167 unique stocks in common · Jaccard: 14.4%
A weighted portfolio overlap of 18.07% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.07 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 5.15% in ICICI Prudential Arbitrage Fund and 3.27% in SBI Equity Hybrid Fund. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 5.15% | 3.27% |
| State Bank of IndiaBanks | 2.95% | 3.79% |
| HDFC BankBanks | 3.90% | 2.39% |
| Reliance IndustriesPetroleum Products | 3.50% | 2.36% |
| Kotak Mahindra BankBanks | 1.32% | 3.20% |
| Adani Energy SolutionsPower | 1.18% | 3.63% |
| ITCDiversified FMCG | 1.17% | 0.79% |
| DLFRealty | 0.58% | 0.91% |
| Larsen & ToubroConstruction | 0.53% | 2.50% |
| NTPCPower | 0.53% | 0.88% |
| ICICI BankBanks | 0.39% | 4.04% |
| Bajaj FinanceFinance | 0.32% | 2.49% |
| Adani PowerPower | 0.30% | 4.03% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.26% | 2.62% |
| Solar Industries IndiaChemicals & Petrochemicals | 0.23% | 3.89% |
| Varun BeveragesBeverages | 0.37% | 0.21% |
| Hindalco IndustriesNon - Ferrous Metals | 0.21% | 1.74% |
| Max Healthcare InstituteHealthcare Services | 0.10% | 0.80% |
| Tata Consultancy ServicesIT - Software | 0.04% | 1.08% |
| JSW EnergyPower | 0.03% | 1.77% |
| InterGlobe AviationTransport Services | 0.02% | 2.25% |
| SwiggyRetailing | 0.02% | 0.71% |
| Asian PaintsConsumer Durables | 0.02% | 1.75% |
| Avenue SupermartsRetailing | 0.01% | 1.59% |
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.