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20 of 135 unique stocks in common · Jaccard: 14.8%
A weighted portfolio overlap of 26.14% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.14 is allocated to the exact same companies at the same relative proportions. The schemes share 20 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 7.18% in SBI Large and Midcap 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% | 7.18% |
| Axis BankBanks | 4.67% | 3.30% |
| ICICI BankBanks | 8.72% | 2.65% |
| Reliance IndustriesPetroleum Products | 5.41% | 2.55% |
| Asian PaintsConsumer Durables | 2.02% | 2.60% |
| HDFC Life Insurance CompanyInsurance | 1.16% | 1.94% |
| InfosysIT - Software | 3.60% | 1.03% |
| State Bank of IndiaBanks | 1.02% | 2.81% |
| Hindustan UnileverDiversified FMCG | 0.83% | 1.09% |
| Shree CementCement & Cement Products | 0.77% | 2.15% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.68% | 2.05% |
| Page IndustriesTextiles & Apparels | 0.62% | 1.18% |
| HCL TechnologiesIT - Software | 0.47% | 0.66% |
| Tata SteelFerrous Metals | 0.43% | 1.06% |
| HDFC Asset Management CompanyCapital Markets | 0.69% | 0.38% |
| Godrej Consumer ProductsPersonal Products | 0.33% | 1.23% |
| United BreweriesBeverages | 0.30% | 1.62% |
| LupinPharmaceuticals & Biotechnology | 0.19% | 0.92% |
| WiproIT - Software | 0.17% | 0.42% |
| Hexaware TechnologiesIT - Software | 0.07% | 1.55% |
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.