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20 of 90 unique stocks in common · Jaccard: 22.2%
A weighted portfolio overlap of 48.13% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹48.13 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.73% in ICICI Prudential India Opportunities Fund and 12.80% in SBI BSE Sensex ETF. 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 | 6.73% | 12.80% |
| ICICI BankBanks | 5.33% | 10.14% |
| InfosysIT - Software | 6.00% | 4.56% |
| Axis BankBanks | 4.88% | 4.15% |
| Reliance IndustriesPetroleum Products | 3.57% | 10.08% |
| Larsen & ToubroConstruction | 3.24% | 5.38% |
| Bharti AirtelTelecom - Services | 3.06% | 5.89% |
| Mahindra & MahindraAutomobiles | 2.43% | 3.07% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.68% | 2.19% |
| NTPCPower | 2.03% | 2.07% |
| Hindustan UnileverDiversified FMCG | 2.01% | 2.16% |
| Tata Consultancy ServicesIT - Software | 1.74% | 2.58% |
| State Bank of IndiaBanks | 1.63% | 4.52% |
| InterGlobe AviationTransport Services | 1.57% | 1.11% |
| Bajaj FinservFinance | 1.06% | 1.13% |
| TrentRetailing | 1.20% | 1.05% |
| Titan CompanyConsumer Durables | 0.87% | 1.88% |
| Ultratech CementCement & Cement Products | 0.56% | 1.52% |
| EternalRetailing | 0.50% | 2.02% |
| Maruti Suzuki IndiaAutomobiles | 0.32% | 1.95% |
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.