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8 of 112 unique stocks in common · Jaccard: 7.1%
A weighted portfolio overlap of 7.27% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.27 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Info Edge (India), which commands a weight of 1.80% in ICICI Prudential India Opportunities Fund and 2.42% in SBI Innovative Opportunities Fund. Holding both schemes increases your concentration in Info Edge (India) 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 |
|---|---|---|
| Info Edge (India)Retailing | 1.80% | 2.42% |
| CoforgeIT - Software | 1.56% | 2.30% |
| Bajaj FinservFinance | 1.06% | 2.35% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 2.19% | 0.77% |
| TBO TekLeisure Services | 0.71% | 5.03% |
| Sona BLW Precision ForgingsAuto Components | 0.58% | 1.23% |
| EternalRetailing | 0.50% | 8.12% |
| SwiggyRetailing | 0.31% | 2.61% |
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.