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9 of 114 unique stocks in common · Jaccard: 7.9%
A weighted portfolio overlap of 9.93% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.93 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 7.23% in ICICI Prudential Bharat Consumption Fund and 2.71% in SBI MultiCap 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 | 7.23% | 2.71% |
| Jubilant FoodworksLeisure Services | 2.38% | 2.03% |
| United BreweriesBeverages | 1.40% | 1.65% |
| V-Guard IndustriesConsumer Durables | 1.78% | 1.05% |
| EternalRetailing | 6.14% | 0.99% |
| Page IndustriesTextiles & Apparels | 0.85% | 1.27% |
| Blue StarConsumer Durables | 0.56% | 1.72% |
| Relaxo FootwearsConsumer Durables | 0.29% | 0.24% |
| Sai Silks (Kalamandir)Retailing | 0.09% | 0.26% |
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.