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21 of 78 unique stocks in common · Jaccard: 26.9%
A weighted portfolio overlap of 43.11% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.11 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.73% in ICICI Prudential Exports and Services 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 | 5.73% | 10.14% |
| HDFC BankBanks | 5.19% | 12.80% |
| InfosysIT - Software | 7.11% | 4.56% |
| Larsen & ToubroConstruction | 3.91% | 5.38% |
| Reliance IndustriesPetroleum Products | 3.80% | 10.08% |
| State Bank of IndiaBanks | 2.21% | 4.52% |
| Bharti AirtelTelecom - Services | 2.08% | 5.89% |
| NTPCPower | 3.22% | 2.07% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.81% | 2.19% |
| Axis BankBanks | 1.65% | 4.15% |
| HCL TechnologiesIT - Software | 1.44% | 1.41% |
| Bajaj FinservFinance | 1.66% | 1.13% |
| InterGlobe AviationTransport Services | 1.87% | 1.11% |
| Kotak Mahindra BankBanks | 1.11% | 3.19% |
| Tech MahindraIT - Software | 1.37% | 1.07% |
| TrentRetailing | 0.94% | 1.05% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.82% | 1.50% |
| Tata Consultancy ServicesIT - Software | 0.73% | 2.58% |
| Mahindra & MahindraAutomobiles | 0.69% | 3.07% |
| EternalRetailing | 0.62% | 2.02% |
| Bajaj FinanceFinance | 0.49% | 2.73% |
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.