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14 of 60 unique stocks in common · Jaccard: 23.3%
A weighted portfolio overlap of 43.04% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.04 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.54% in ICICI Prudential Long Term Wealth Enhancement 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 | 7.54% | 10.53% |
| ICICI BankBanks | 7.33% | 8.30% |
| Reliance IndustriesPetroleum Products | 5.34% | 8.25% |
| Bharti AirtelTelecom - Services | 4.91% | 5.19% |
| InfosysIT - Software | 4.11% | 3.76% |
| State Bank of IndiaBanks | 2.64% | 3.70% |
| Axis BankBanks | 2.31% | 3.41% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.51% | 1.76% |
| EternalRetailing | 4.41% | 1.67% |
| Maruti Suzuki IndiaAutomobiles | 8.61% | 1.59% |
| Tata Consultancy ServicesIT - Software | 1.26% | 2.13% |
| HCL TechnologiesIT - Software | 2.09% | 1.15% |
| InterGlobe AviationTransport Services | 1.81% | 0.92% |
| TrentRetailing | 3.93% | 0.87% |
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.