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6 of 106 unique stocks in common · Jaccard: 5.7%
A weighted portfolio overlap of 8.62% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.62 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is Maruti Suzuki India, which commands a weight of 3.55% in ICICI Prudential Large Cap Fund and 6.08% in SBI Automotive Opportunities Fund. Holding both schemes increases your concentration in Maruti Suzuki 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 |
|---|---|---|
| Maruti Suzuki IndiaAutomobiles | 3.55% | 6.08% |
| Mahindra & MahindraAutomobiles | 2.34% | 15.00% |
| Hyundai Motor IndiaAutomobiles | 0.95% | 2.23% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.68% | 2.93% |
| Eicher MotorsAutomobiles | 0.62% | 7.21% |
| TVS Motor CompanyAutomobiles | 0.49% | 5.18% |
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.