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19 of 114 unique stocks in common · Jaccard: 16.7%
A weighted portfolio overlap of 42.29% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹42.29 is allocated to the exact same companies at the same relative proportions. The schemes share 19 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 6.58% in SBI Retirement Benefit Fund - Aggressive Plan. 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% | 6.58% |
| ICICI BankBanks | 8.72% | 5.47% |
| Reliance IndustriesPetroleum Products | 5.41% | 5.42% |
| Larsen & ToubroConstruction | 5.38% | 4.28% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 3.55% |
| Axis BankBanks | 4.67% | 2.85% |
| InfosysIT - Software | 3.60% | 2.76% |
| Ultratech CementCement & Cement Products | 2.69% | 2.77% |
| Asian PaintsConsumer Durables | 2.02% | 1.69% |
| Kotak Mahindra BankBanks | 1.21% | 2.51% |
| DLFRealty | 1.32% | 1.15% |
| State Bank of IndiaBanks | 1.02% | 3.71% |
| InterGlobe AviationTransport Services | 1.83% | 1.00% |
| ICICI Prudential Life Insurance CompanyInsurance | 1.08% | 0.93% |
| Page IndustriesTextiles & Apparels | 0.62% | 1.00% |
| TVS Motor CompanyAutomobiles | 0.49% | 1.76% |
| ABB IndiaElectrical Equipment | 0.36% | 1.62% |
| Bajaj FinservFinance | 0.20% | 1.49% |
| The Indian Hotels CompanyLeisure Services | 0.04% | 1.31% |
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.