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8 of 88 unique stocks in common · Jaccard: 9.1%
A weighted portfolio overlap of 6.79% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹6.79 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 Life Insurance Corporation Of India, which commands a weight of 4.25% in ICICI Prudential India Opportunities Fund and 2.13% in SBI PSU Fund. Holding both schemes increases your concentration in Life Insurance Corporation Of 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 |
|---|---|---|
| Life Insurance Corporation Of IndiaInsurance | 4.25% | 2.13% |
| NTPCPower | 1.72% | 8.28% |
| SBI Cards & Payment ServicesFinance | 1.28% | 2.44% |
| Oil & Natural Gas CorporationOil | 0.77% | 5.07% |
| Bharat Petroleum CorporationPetroleum Products | 0.47% | 4.69% |
| State Bank of IndiaBanks | 0.34% | 16.39% |
| GSPL India TranscoGas | 0.07% | 0.26% |
| Gujarat EnergyGas | 0.01% | 1.29% |
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.