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42 of 145 unique stocks in common · Jaccard: 29%
A weighted portfolio overlap of 29.32% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.32 is allocated to the exact same companies at the same relative proportions. The schemes share 42 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 3.52% in ICICI Prudential Balanced Advantage Fund and 4.04% in SBI Balanced Advantage 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 | 3.52% | 4.04% |
| ICICI BankBanks | 3.82% | 3.39% |
| Reliance IndustriesPetroleum Products | 3.02% | 4.98% |
| Larsen & ToubroConstruction | 2.42% | 2.91% |
| Axis BankBanks | 1.67% | 1.91% |
| Bharti AirtelTelecom - Services | 1.28% | 1.42% |
| HCL TechnologiesIT - Software | 1.24% | 1.26% |
| EternalRetailing | 1.75% | 1.23% |
| Kotak Mahindra BankBanks | 1.26% | 1.01% |
| Maruti Suzuki IndiaAutomobiles | 2.03% | 0.92% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.87% | 0.99% |
| State Bank of IndiaBanks | 1.78% | 0.74% |
| Mahindra & MahindraAutomobiles | 0.70% | 1.64% |
| Cholamandalam Investment and Finance CompanyFinance | 0.67% | 0.93% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.61% | 1.65% |
| Tech MahindraIT - Software | 0.60% | 2.00% |
| Tata SteelFerrous Metals | 0.53% | 2.07% |
| Sona BLW Precision ForgingsAuto Components | 0.51% | 0.58% |
| Bajaj FinservFinance | 0.50% | 0.48% |
| Oil & Natural Gas CorporationOil | 0.45% | 0.77% |
| Titan CompanyConsumer Durables | 1.27% | 0.41% |
| Asian PaintsConsumer Durables | 0.36% | 1.15% |
| ICICI Lombard General Insurance CompanyInsurance | 0.28% | 0.27% |
| Tata Consultancy ServicesIT - Software | 0.59% | 0.24% |
| ITCDiversified FMCG | 0.22% | 1.40% |
| Hindustan UnileverDiversified FMCG | 0.51% | 0.22% |
| Cummins IndiaIndustrial Products | 0.18% | 0.69% |
| Grasim IndustriesCement & Cement Products | 0.18% | 0.29% |
| Power Grid Corporation of IndiaPower | 0.18% | 1.16% |
| Life Insurance Corporation of IndiaInsurance | 0.17% | 0.49% |
| Container Corporation of IndiaTransport Services | 0.46% | 0.16% |
| Shriram FinanceFinance | 0.74% | 0.16% |
| Hindalco IndustriesNon - Ferrous Metals | 0.16% | 0.25% |
| IndusInd BankBanks | 0.26% | 0.13% |
| SBI Life Insurance CompanyInsurance | 0.73% | 0.13% |
| InfosysIT - Software | 2.83% | 0.11% |
| Hindustan Petroleum CorporationPetroleum Products | 0.07% | 0.14% |
| Bharat Petroleum CorporationPetroleum Products | 0.05% | 0.52% |
| Bharat ElectronicsAerospace & Defense | 0.17% | 0.02% |
| HDFC Life Insurance CompanyInsurance | 0.39% | 0.02% |
| Jindal SteelFerrous Metals | 0.11% | 0.02% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.01% | 0.70% |
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.