Loading fund overlap…
9 of 101 unique stocks in common · Jaccard: 8.9%
A weighted portfolio overlap of 9.48% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.48 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Info Edge (India), which commands a weight of 2.48% in ICICI Prudential India Opportunities Fund and 2.87% 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 | 2.48% | 2.87% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.88% | 3.61% |
| Mahindra & MahindraAutomobiles | 2.49% | 1.79% |
| TBO TekLeisure Services | 0.95% | 6.41% |
| SwiggyRetailing | 0.81% | 2.57% |
| Sona Blw Precision ForgingsAuto Components | 0.72% | 1.48% |
| EternalRetailing | 0.33% | 8.66% |
| PB FintechFinancial Technology (Fintech) | 0.27% | 1.63% |
| Bajaj FinservFinance | 0.25% | 2.39% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.