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38 of 136 unique stocks in common · Jaccard: 27.9%
A weighted portfolio overlap of 29.41% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.41 is allocated to the exact same companies at the same relative proportions. The schemes share 38 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.07% in ICICI Prudential Balanced Advantage Fund and 3.82% in SBI Balanced Advantage Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 4.07% | 3.82% |
| HDFC BankBanks | 3.25% | 3.57% |
| Reliance IndustriesPetroleum Products | 2.60% | 4.42% |
| Larsen & ToubroConstruction | 1.98% | 2.55% |
| Axis BankBanks | 1.98% | 1.85% |
| EternalRetailing | 2.14% | 1.46% |
| Bharti AirtelTelecom - Services | 1.26% | 1.37% |
| HCL TechnologiesIT - Software | 1.10% | 1.36% |
| Kotak Mahindra BankBanks | 1.44% | 1.07% |
| Mahindra & MahindraAutomobiles | 1.06% | 1.32% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.01% | 1.19% |
| Maruti Suzuki IndiaAutomobiles | 1.93% | 0.87% |
| State Bank of IndiaBanks | 2.00% | 0.79% |
| Tata SteelFerrous Metals | 0.75% | 1.78% |
| Cholamandalam Investment and Finance CompanyFinance | 0.70% | 1.62% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.60% | 1.77% |
| Sona Blw Precision ForgingsAuto Components | 0.60% | 0.75% |
| Tech MahindraIT - Software | 0.55% | 2.14% |
| Bajaj FinservFinance | 0.55% | 0.52% |
| Life Insurance Corporation Of IndiaInsurance | 0.57% | 0.48% |
| Cummins IndiaIndustrial Products | 0.47% | 0.59% |
| Titan CompanyConsumer Durables | 1.08% | 0.41% |
| CiplaPharmaceuticals & Biotechnology | 0.38% | 0.72% |
| Tata Consultancy ServicesIT - Software | 0.52% | 0.25% |
| Indus TowersTelecom - Services | 0.23% | 1.95% |
| Hindalco IndustriesNon - Ferrous Metals | 0.69% | 0.22% |
| Hindustan UnileverDiversified FMCG | 0.24% | 0.20% |
| ICICI Lombard General Insurance CompanyInsurance | 0.23% | 0.20% |
| ITCDiversified FMCG | 0.13% | 1.21% |
| IndusInd BankBanks | 0.27% | 0.13% |
| InfosysIT - Software | 2.47% | 0.11% |
| Container Corporation of IndiaTransport Services | 0.10% | 0.17% |
| NHPCPower | 0.08% | 1.06% |
| Asian PaintsConsumer Durables | 0.08% | 0.82% |
| Shriram FinanceFinance | 0.71% | 0.04% |
| SBI Life Insurance CompanyInsurance | 0.65% | 0.03% |
| Oil & Natural Gas CorporationOil | 0.01% | 0.64% |
| HDFC Life Insurance CompanyInsurance | 0.30% | 0.01% |
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.