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27 of 93 unique stocks in common · Jaccard: 29%
A weighted portfolio overlap of 48.41% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹48.41 is allocated to the exact same companies at the same relative proportions. The schemes share 27 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.15% in ICICI Prudential Dividend Yield Equity Fund and 10.53% in SBI Nifty 50 ETF. 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 | 7.15% | 10.53% |
| ICICI BankBanks | 5.99% | 8.30% |
| Reliance IndustriesPetroleum Products | 4.19% | 8.25% |
| Axis BankBanks | 4.63% | 3.41% |
| Larsen & ToubroConstruction | 3.13% | 4.43% |
| Bharti AirtelTelecom - Services | 2.83% | 5.19% |
| Tata Consultancy ServicesIT - Software | 2.29% | 2.13% |
| InfosysIT - Software | 1.85% | 3.76% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 5.82% | 1.76% |
| NTPCPower | 4.09% | 1.70% |
| Maruti Suzuki IndiaAutomobiles | 3.26% | 1.59% |
| Hindustan UnileverDiversified FMCG | 1.49% | 1.77% |
| State Bank of IndiaBanks | 1.29% | 3.70% |
| Ultratech CementCement & Cement Products | 2.44% | 1.26% |
| Oil & Natural Gas CorporationOil | 1.50% | 0.95% |
| InterGlobe AviationTransport Services | 2.76% | 0.92% |
| Tech MahindraIT - Software | 0.78% | 0.87% |
| SBI Life Insurance CompanyInsurance | 1.44% | 0.76% |
| ITCDiversified FMCG | 0.74% | 2.56% |
| Power Grid Corporation of IndiaPower | 0.71% | 1.22% |
| Kotak Mahindra BankBanks | 0.64% | 2.62% |
| HDFC Life Insurance CompanyInsurance | 0.62% | 0.59% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.57% | 0.73% |
| Mahindra & MahindraAutomobiles | 0.54% | 2.52% |
| Bajaj FinanceFinance | 0.48% | 2.25% |
| HCL TechnologiesIT - Software | 0.48% | 1.15% |
| Tata SteelFerrous Metals | 0.47% | 1.59% |
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.