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12 of 81 unique stocks in common · Jaccard: 14.8%
A weighted portfolio overlap of 18.51% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.51 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Gujarat Gas, which commands a weight of 4.07% in ICICI Prudential Infrastructure Fund and 8.47% in SBI Energy Opportunities Fund. Holding both schemes increases your concentration in Gujarat Gas 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 |
|---|---|---|
| Gujarat GasGas | 4.07% | 8.47% |
| NTPCPower | 4.00% | 4.89% |
| Kalpataru Projects InternationalConstruction | 3.13% | 5.87% |
| Reliance IndustriesPetroleum Products | 2.26% | 7.85% |
| CESCPower | 1.99% | 2.48% |
| Oil & Natural Gas CorporationOil | 1.57% | 7.24% |
| Honeywell Automation IndiaIndustrial Manufacturing | 0.56% | 3.04% |
| Inox IndiaIndustrial Products | 1.66% | 0.34% |
| KEC InternationalConstruction | 0.34% | 0.50% |
| Chemplast SanmarChemicals & Petrochemicals | 0.26% | 0.16% |
| Oil IndiaOil | 1.21% | 0.07% |
| Power Grid Corporation of IndiaPower | 0.01% | 0.98% |
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.