Loading fund overlap…
9 of 87 unique stocks in common · Jaccard: 10.3%
A weighted portfolio overlap of 19.5% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.5 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Nestle India, which commands a weight of 4.88% in ICICI Prudential MNC Fund and 5.30% in SBI Quality Fund. Holding both schemes increases your concentration in Nestle India 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 |
|---|---|---|
| Nestle IndiaFood Products | 4.88% | 5.30% |
| AIA EngineeringIndustrial Products | 2.78% | 2.17% |
| Sona BLW Precision ForgingsAuto Components | 3.65% | 2.16% |
| SiemensElectrical Equipment | 2.01% | 2.13% |
| Pearl Global IndustriesTextiles & Apparels | 2.00% | 2.06% |
| Britannia IndustriesFood Products | 5.10% | 2.00% |
| CoforgeIT - Software | 2.00% | 2.38% |
| InfosysIT - Software | 1.31% | 2.27% |
| ABB IndiaElectrical Equipment | 0.98% | 1.27% |
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.