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14 of 147 unique stocks in common · Jaccard: 9.5%
A weighted portfolio overlap of 4.38% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.38 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 Reliance Industries, which commands a weight of 1.89% in ICICI Prudential Multi-Asset Fund and 2.15% in SBI Comma Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 1.89% | 2.15% |
| Oil & Natural Gas CorporationOil | 0.61% | 5.35% |
| UPLFertilizers & Agrochemicals | 0.36% | 3.09% |
| Tata SteelFerrous Metals | 0.35% | 7.91% |
| Hindalco IndustriesNon - Ferrous Metals | 0.18% | 2.18% |
| Ambuja CementsCement & Cement Products | 0.17% | 1.29% |
| Nuvoco Vistas CorporationCement & Cement Products | 0.14% | 1.86% |
| Hindustan Petroleum CorporationPetroleum Products | 0.13% | 2.10% |
| JSW SteelFerrous Metals | 0.11% | 5.68% |
| Malco EnergyOil | 0.10% | 0.35% |
| Talwandi Sabo PowerPower | 0.10% | 0.35% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.10% | 0.35% |
| Vedanta Iron And SteelFerrous Metals | 0.10% | 0.35% |
| Oil IndiaOil | 0.05% | 3.32% |
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.