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9 of 80 unique stocks in common · Jaccard: 11.3%
A weighted portfolio overlap of 18.31% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.31 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 Larsen & Toubro, which commands a weight of 7.35% in ICICI Prudential Infrastructure Fund and 5.38% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in Larsen & Toubro 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 |
|---|---|---|
| Larsen & ToubroConstruction | 7.35% | 5.38% |
| HDFC BankBanks | 2.99% | 12.80% |
| Reliance IndustriesPetroleum Products | 2.26% | 10.08% |
| NTPCPower | 4.00% | 2.07% |
| Axis BankBanks | 1.87% | 4.15% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.90% | 1.50% |
| Bajaj FinservFinance | 1.11% | 1.13% |
| InterGlobe AviationTransport Services | 8.92% | 1.11% |
| Power Grid Corporation of IndiaPower | 0.01% | 1.49% |
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.