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18 of 104 unique stocks in common · Jaccard: 17.3%
A weighted portfolio overlap of 22.7% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.7 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is Kotak Mahindra Bank, which commands a weight of 3.42% in ICICI Prudential Equity Savings Fund and 3.20% in SBI Equity Hybrid Fund. Holding both schemes increases your concentration in Kotak Mahindra 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 |
|---|---|---|
| Kotak Mahindra BankBanks | 3.42% | 3.20% |
| ICICI BankBanks | 2.91% | 4.04% |
| HDFC BankBanks | 8.24% | 2.39% |
| Reliance IndustriesPetroleum Products | 5.45% | 2.36% |
| Bajaj FinanceFinance | 2.09% | 2.49% |
| Larsen & ToubroConstruction | 1.94% | 2.50% |
| Bharti AirtelTelecom - Services | 1.89% | 3.27% |
| InfosysIT - Software | 1.62% | 1.65% |
| Tata Consultancy ServicesIT - Software | 2.00% | 1.08% |
| NTPCPower | 2.35% | 0.88% |
| ITCDiversified FMCG | 2.68% | 0.79% |
| Hindalco IndustriesNon - Ferrous Metals | 0.53% | 1.74% |
| State Bank of IndiaBanks | 0.29% | 3.79% |
| DLFRealty | 0.24% | 0.91% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.23% | 2.62% |
| Jindal SteelFerrous Metals | 0.20% | 1.01% |
| Varun BeveragesBeverages | 0.03% | 0.21% |
| Asian PaintsConsumer Durables | 0.01% | 1.75% |
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.