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24 of 138 unique stocks in common · Jaccard: 17.4%
A weighted portfolio overlap of 25.77% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.77 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.76% in ICICI Prudential Multi Asset Allocation Fund and 4.43% in SBI Aggressive Hybrid Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 3.76% | 4.43% |
| Life Insurance Corporation Of IndiaInsurance | 3.81% | 2.36% |
| HDFC BankBanks | 5.59% | 2.16% |
| Reliance IndustriesPetroleum Products | 3.26% | 2.16% |
| Interglobe AviationTransport Services | 1.88% | 2.36% |
| InfosysIT - Software | 1.72% | 1.66% |
| Kotak Mahindra BankBanks | 1.30% | 3.31% |
| Avenue SupermartsRetailing | 1.12% | 2.31% |
| Bharti AirtelTelecom - Services | 1.11% | 2.25% |
| State Bank of IndiaBanks | 0.94% | 3.95% |
| Shree CementCement & Cement Products | 0.90% | 0.92% |
| Larsen & ToubroConstruction | 0.85% | 2.35% |
| Page IndustriesTextiles & Apparels | 0.80% | 1.28% |
| Tata Consultancy ServicesIT - Software | 0.75% | 1.89% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.06% | 0.67% |
| ITCDiversified FMCG | 1.59% | 0.66% |
| United BreweriesBeverages | 0.64% | 0.74% |
| Oberoi RealtyRealty | 0.57% | 0.61% |
| Coal IndiaConsumable Fuels | 0.44% | 0.86% |
| AIA EngineeringIndustrial Products | 0.39% | 1.39% |
| Asian PaintsConsumer Durables | 0.35% | 1.65% |
| SwiggyRetailing | 0.77% | 0.13% |
| Jindal SteelFerrous Metals | 0.12% | 0.94% |
| DLFRealty | 0.05% | 1.01% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.