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25 of 105 unique stocks in common · Jaccard: 23.8%
A weighted portfolio overlap of 32.76% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.76 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.02% in ICICI Prudential Large & Mid Cap Fund and 8.42% in SBI Large Cap 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 | 8.02% | 8.42% |
| Axis BankBanks | 3.40% | 3.30% |
| ICICI BankBanks | 2.46% | 7.71% |
| Page IndustriesTextiles & Apparels | 3.65% | 2.26% |
| Shree CementCement & Cement Products | 2.09% | 2.24% |
| InfosysIT - Software | 2.08% | 3.86% |
| Kotak Mahindra BankBanks | 1.57% | 2.80% |
| Reliance IndustriesPetroleum Products | 1.38% | 6.05% |
| Larsen & ToubroConstruction | 1.15% | 5.64% |
| Sona BLW Precision ForgingsAuto Components | 2.56% | 1.13% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.96% | 1.84% |
| ICICI Prudential Life Insurance CompanyInsurance | 2.01% | 0.95% |
| InterGlobe AviationTransport Services | 3.06% | 0.91% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.84% | 2.69% |
| Avenue SupermartsRetailing | 0.65% | 2.33% |
| Hindustan UnileverDiversified FMCG | 0.61% | 1.10% |
| PI IndustriesFertilizers & Agrochemicals | 1.66% | 0.59% |
| Motherson Sumi Wiring IndiaAuto Components | 1.50% | 0.48% |
| Tata Consultancy ServicesIT - Software | 0.87% | 0.31% |
| Brainbees SolutionsRetailing | 0.22% | 0.86% |
| Britannia IndustriesFood Products | 0.17% | 0.85% |
| Malco EnergyOil | 0.15% | 0.24% |
| Talwandi Sabo PowerPower | 0.15% | 0.24% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.15% | 0.24% |
| Vedanta Iron And SteelFerrous Metals | 0.15% | 0.24% |
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.