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14 of 105 unique stocks in common · Jaccard: 13.3%
A weighted portfolio overlap of 25.84% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.84 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 7.17% in ICICI Prudential Business Cycle Fund and 4.04% in SBI Equity Hybrid 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 | 7.17% | 4.04% |
| Kotak Mahindra BankBanks | 3.30% | 3.20% |
| Bharti AirtelTelecom - Services | 3.12% | 3.27% |
| Larsen & ToubroConstruction | 7.12% | 2.50% |
| HDFC BankBanks | 9.24% | 2.39% |
| Reliance IndustriesPetroleum Products | 5.46% | 2.36% |
| Asian PaintsConsumer Durables | 2.24% | 1.75% |
| InterGlobe AviationTransport Services | 1.73% | 2.25% |
| Shree CementCement & Cement Products | 1.10% | 1.78% |
| Page IndustriesTextiles & Apparels | 0.99% | 1.44% |
| DLFRealty | 2.68% | 0.91% |
| NTPCPower | 2.83% | 0.88% |
| Oberoi RealtyRealty | 0.53% | 0.91% |
| SwiggyRetailing | 0.34% | 0.71% |
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.