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11 of 93 unique stocks in common · Jaccard: 11.8%
A weighted portfolio overlap of 32.3% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.3 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.59% in ICICI Prudential Housing Opportunities Fund and 8.42% in SBI Large Cap Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 6.59% | 8.42% |
| ICICI BankBanks | 5.97% | 7.71% |
| Larsen & ToubroConstruction | 7.56% | 5.64% |
| Asian PaintsConsumer Durables | 5.84% | 4.14% |
| State Bank of IndiaBanks | 2.36% | 3.44% |
| Shree CementCement & Cement Products | 4.06% | 2.24% |
| Axis BankBanks | 1.69% | 3.30% |
| Tata SteelFerrous Metals | 4.90% | 1.26% |
| Kotak Mahindra BankBanks | 0.93% | 2.80% |
| JSW SteelFerrous Metals | 1.89% | 0.74% |
| Ultratech CementCement & Cement Products | 4.48% | 0.74% |
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.