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10 of 86 unique stocks in common · Jaccard: 11.6%
A weighted portfolio overlap of 19.71% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.71 is allocated to the exact same companies at the same relative proportions. The schemes share 10 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 4.04% in SBI Equity Hybrid Fund. 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% | 4.04% |
| Bharti AirtelTelecom - Services | 3.75% | 3.27% |
| HDFC BankBanks | 6.19% | 2.39% |
| Reliance IndustriesPetroleum Products | 1.93% | 2.36% |
| InfosysIT - Software | 2.71% | 1.65% |
| Avenue SupermartsRetailing | 3.13% | 1.59% |
| InterGlobe AviationTransport Services | 1.56% | 2.25% |
| State Bank of IndiaBanks | 1.52% | 3.79% |
| Tata Consultancy ServicesIT - Software | 1.22% | 1.08% |
| Kotak Mahindra BankBanks | 0.69% | 3.20% |
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.