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29 of 133 unique stocks in common · Jaccard: 21.8%
A weighted portfolio overlap of 30.69% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.69 is allocated to the exact same companies at the same relative proportions. The schemes share 29 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.46% in ICICI Prudential Large Cap Fund and 5.82% in SBI Contra Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 8.46% | 5.82% |
| Reliance IndustriesPetroleum Products | 5.41% | 4.95% |
| ICICI BankBanks | 8.72% | 3.58% |
| Axis BankBanks | 4.67% | 1.34% |
| Oil & Natural Gas CorporationOil | 1.25% | 1.34% |
| Bharti AirtelTelecom - Services | 4.34% | 1.22% |
| Kotak Mahindra BankBanks | 1.21% | 2.60% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 1.09% |
| ICICI Prudential Life Insurance CompanyInsurance | 1.08% | 1.17% |
| State Bank of IndiaBanks | 1.02% | 1.43% |
| ITCDiversified FMCG | 0.94% | 1.88% |
| Larsen & ToubroConstruction | 5.38% | 0.87% |
| United SpiritsBeverages | 0.97% | 0.79% |
| InfosysIT - Software | 3.60% | 0.68% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.68% | 1.00% |
| Tech MahindraIT - Software | 0.50% | 1.66% |
| Hero MotoCorpAutomobiles | 1.59% | 0.47% |
| HCL TechnologiesIT - Software | 0.47% | 0.88% |
| Tata SteelFerrous Metals | 0.43% | 2.29% |
| HDFC Asset Management CompanyCapital Markets | 0.69% | 0.37% |
| Tata Motors Passenger VehiclesAutomobiles | 0.36% | 1.03% |
| Grasim IndustriesCement & Cement Products | 0.35% | 0.74% |
| CiplaPharmaceuticals & Biotechnology | 0.33% | 1.14% |
| Life Insurance Corporation of IndiaInsurance | 0.29% | 0.54% |
| LupinPharmaceuticals & Biotechnology | 0.19% | 0.48% |
| WiproIT - Software | 0.17% | 0.33% |
| Bajaj AutoAutomobiles | 0.17% | 1.44% |
| GAIL (India)Gas | 0.07% | 2.14% |
| Indian Oil CorporationPetroleum Products | 0.02% | 1.07% |
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.