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20 of 109 unique stocks in common · Jaccard: 18.3%
A weighted portfolio overlap of 30.78% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.78 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 8.02% in ICICI Prudential Large & Mid Cap Fund and 10.53% in SBI Nifty 50 ETF. 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% | 10.53% |
| Axis BankBanks | 3.40% | 3.41% |
| ICICI BankBanks | 2.46% | 8.30% |
| InfosysIT - Software | 2.08% | 3.76% |
| Maruti Suzuki IndiaAutomobiles | 2.37% | 1.59% |
| Kotak Mahindra BankBanks | 1.57% | 2.62% |
| Reliance IndustriesPetroleum Products | 1.38% | 8.25% |
| Larsen & ToubroConstruction | 1.15% | 4.43% |
| NTPCPower | 1.04% | 1.70% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.96% | 1.76% |
| Bajaj FinservFinance | 3.36% | 0.95% |
| InterGlobe AviationTransport Services | 3.06% | 0.92% |
| Tata Consultancy ServicesIT - Software | 0.87% | 2.13% |
| ITCDiversified FMCG | 0.85% | 2.56% |
| Bajaj AutoAutomobiles | 0.78% | 1.07% |
| Tata Motors Passenger VehiclesAutomobiles | 0.77% | 0.76% |
| Hindustan UnileverDiversified FMCG | 0.61% | 1.77% |
| HCL TechnologiesIT - Software | 0.55% | 1.15% |
| Nestle IndiaFood Products | 0.49% | 0.94% |
| SBI Life Insurance CompanyInsurance | 0.33% | 0.76% |
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.