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14 of 132 unique stocks in common · Jaccard: 10.6%
A weighted portfolio overlap of 18.58% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.58 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 6.07% in ICICI Prudential Equity & Debt Fund and 4.42% in SBI Long Term Advantage Fund - Series VI. 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 | 6.07% | 4.42% |
| ICICI BankBanks | 4.88% | 3.78% |
| Axis BankBanks | 2.97% | 4.71% |
| Larsen & ToubroConstruction | 1.75% | 4.52% |
| Bharti AirtelTelecom - Services | 1.66% | 4.20% |
| SBI Life Insurance CompanyInsurance | 1.11% | 2.20% |
| Kotak Mahindra BankBanks | 0.94% | 4.02% |
| State Bank of IndiaBanks | 0.82% | 4.64% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.34% | 3.81% |
| BioconPharmaceuticals & Biotechnology | 0.30% | 2.58% |
| Jubilant FoodworksLeisure Services | 0.19% | 1.45% |
| JSW CementCement & Cement Products | 0.16% | 1.77% |
| Equitas Small Finance BankBanks | 0.08% | 2.68% |
| Deepak Fertilizers and Petrochemicals CorporationChemicals & Petrochemicals | 0.06% | 2.95% |
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.