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6 of 53 unique stocks in common · Jaccard: 11.3%
A weighted portfolio overlap of 21.54% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.54 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 6.59% in ICICI Prudential Equity Minimum Variance Fund and 6.21% in SBI Focused Fund. Holding both schemes increases your concentration in State Bank of India 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 |
|---|---|---|
| State Bank of IndiaBanks | 6.59% | 6.21% |
| Kotak Mahindra BankBanks | 5.32% | 5.77% |
| ICICI BankBanks | 4.72% | 7.28% |
| Bajaj FinservFinance | 4.47% | 3.83% |
| Bharti AirtelTelecom - Services | 1.25% | 5.49% |
| DLFRealty | 0.20% | 1.97% |
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.