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12 of 83 unique stocks in common · Jaccard: 14.5%
A weighted portfolio overlap of 15.06% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.06 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Mahindra & Mahindra, which commands a weight of 7.48% in ICICI Prudential Conglomerate Fund and 2.52% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in Mahindra & Mahindra 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 |
|---|---|---|
| Mahindra & MahindraAutomobiles | 7.48% | 2.52% |
| Bajaj FinanceFinance | 3.33% | 2.25% |
| Bharti AirtelTelecom - Services | 1.79% | 5.19% |
| Tata SteelFerrous Metals | 2.16% | 1.59% |
| Ultratech CementCement & Cement Products | 6.59% | 1.26% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.98% | 1.23% |
| JSW SteelFerrous Metals | 3.80% | 1.11% |
| Grasim IndustriesCement & Cement Products | 5.34% | 1.10% |
| Bajaj AutoAutomobiles | 2.27% | 1.07% |
| Tata Motors Passenger VehiclesAutomobiles | 2.40% | 0.76% |
| Titan CompanyConsumer Durables | 0.31% | 1.55% |
| Hindalco IndustriesNon - Ferrous Metals | 0.07% | 1.51% |
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.