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17 of 66 unique stocks in common · Jaccard: 25.8%
A weighted portfolio overlap of 39.86% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹39.86 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.89% in ICICI Prudential ESG Exclusionary Strategy Fund and 10.14% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 6.89% | 10.14% |
| HDFC BankBanks | 6.19% | 12.80% |
| Axis BankBanks | 4.87% | 4.15% |
| Bharti AirtelTelecom - Services | 3.75% | 5.89% |
| InfosysIT - Software | 2.71% | 4.56% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 7.36% | 2.19% |
| EternalRetailing | 2.67% | 2.02% |
| Maruti Suzuki IndiaAutomobiles | 4.03% | 1.95% |
| Reliance IndustriesPetroleum Products | 1.93% | 10.08% |
| State Bank of IndiaBanks | 1.52% | 4.52% |
| HCL TechnologiesIT - Software | 1.64% | 1.41% |
| Tata Consultancy ServicesIT - Software | 1.22% | 2.58% |
| InterGlobe AviationTransport Services | 1.56% | 1.11% |
| Hindustan UnileverDiversified FMCG | 1.01% | 2.16% |
| Tech MahindraIT - Software | 0.93% | 1.07% |
| Kotak Mahindra BankBanks | 0.69% | 3.19% |
| Power Grid Corporation of IndiaPower | 0.20% | 1.49% |
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.