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10 of 107 unique stocks in common · Jaccard: 9.3%
A weighted portfolio overlap of 25.73% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.73 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.72% in ICICI Prudential Large Cap Fund and 12.80% in SBI Banking And Financial Services Fund. Holding both schemes increases your concentration in ICICI Bank 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 |
|---|---|---|
| ICICI BankBanks | 8.72% | 12.80% |
| HDFC BankBanks | 8.46% | 5.90% |
| Axis BankBanks | 4.67% | 6.21% |
| Kotak Mahindra BankBanks | 1.21% | 9.98% |
| HDFC Life Insurance CompanyInsurance | 1.16% | 4.79% |
| SBI Life Insurance CompanyInsurance | 1.09% | 2.74% |
| ICICI Prudential Life Insurance CompanyInsurance | 1.08% | 2.20% |
| State Bank of IndiaBanks | 1.02% | 8.67% |
| HDFC Asset Management CompanyCapital Markets | 0.69% | 1.17% |
| Bajaj FinservFinance | 0.20% | 2.43% |
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.