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14 of 106 unique stocks in common · Jaccard: 13.2%
A weighted portfolio overlap of 29.73% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.73 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 HDFC Bank, which commands a weight of 6.88% in ICICI Prudential Children’s Fund and 6.58% in SBI Retirement Benefit Fund - Aggressive Plan. 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 | 6.88% | 6.58% |
| Reliance IndustriesPetroleum Products | 8.45% | 5.42% |
| State Bank of IndiaBanks | 3.43% | 3.71% |
| InfosysIT - Software | 3.30% | 2.76% |
| Axis BankBanks | 2.28% | 2.85% |
| Kotak Mahindra BankBanks | 2.18% | 2.51% |
| Timken IndiaIndustrial Products | 1.78% | 2.31% |
| Bajaj FinservFinance | 2.41% | 1.49% |
| ICICI Prudential Life Insurance CompanyInsurance | 1.30% | 0.93% |
| Grindwell NortonIndustrial Products | 0.72% | 1.40% |
| Carborundum UniversalIndustrial Products | 1.06% | 0.72% |
| InterGlobe AviationTransport Services | 0.63% | 1.00% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.52% | 1.81% |
| L&T Technology ServicesIT - Services | 0.28% | 1.27% |
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.