Loading fund overlap…
22 of 130 unique stocks in common · Jaccard: 16.9%
A weighted portfolio overlap of 26.54% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.54 is allocated to the exact same companies at the same relative proportions. The schemes share 22 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.37% in ICICI Prudential Flexicap Fund and 5.50% in SBI Flexicap 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 | 6.37% | 5.50% |
| HDFC BankBanks | 3.72% | 4.24% |
| Axis BankBanks | 2.51% | 4.49% |
| Larsen & ToubroConstruction | 2.35% | 4.04% |
| InfosysIT - Software | 2.82% | 2.07% |
| State Bank of IndiaBanks | 2.04% | 2.15% |
| Bharti AirtelTelecom - Services | 1.35% | 0.99% |
| Maruti Suzuki IndiaAutomobiles | 6.74% | 0.97% |
| Eicher MotorsAutomobiles | 0.92% | 1.85% |
| HDFC Asset Management CompanyCapital Markets | 0.90% | 1.15% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.73% | 2.05% |
| Sona BLW Precision ForgingsAuto Components | 1.90% | 0.72% |
| HCL TechnologiesIT - Software | 0.63% | 0.82% |
| Pearl Global IndustriesTextiles & Apparels | 0.57% | 1.04% |
| Kotak Mahindra BankBanks | 0.54% | 0.99% |
| Max Financial ServicesInsurance | 0.47% | 2.22% |
| EternalRetailing | 3.70% | 0.46% |
| VedantaDiversified Metals | 0.12% | 0.95% |
| Malco EnergyOil | 0.08% | 0.32% |
| Talwandi Sabo PowerPower | 0.08% | 0.32% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.08% | 0.32% |
| Vedanta Iron And SteelFerrous Metals | 0.08% | 0.32% |
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.