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7 of 64 unique stocks in common · Jaccard: 10.9%
A weighted portfolio overlap of 13.74% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.74 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.07% in ICICI Prudential Focused Equity 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 | 8.07% | 4.04% |
| Bharti AirtelTelecom - Services | 3.70% | 3.27% |
| HDFC BankBanks | 4.95% | 2.39% |
| InfosysIT - Software | 2.41% | 1.65% |
| NTPCPower | 1.45% | 0.88% |
| Max Healthcare InstituteHealthcare Services | 2.90% | 0.80% |
| SwiggyRetailing | 2.85% | 0.71% |
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.