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39 of 133 unique stocks in common · Jaccard: 29.3%
A weighted portfolio overlap of 26.67% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.67 is allocated to the exact same companies at the same relative proportions. The schemes share 39 common holdings.
The largest overlapping asset in their portfolios is ITC, which commands a weight of 1.77% in ICICI Prudential Multi-Asset Fund and 5.26% in SBI Equity Minimum Variance Fund. Holding both schemes increases your concentration in ITC 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 |
|---|---|---|
| ITCDiversified FMCG | 1.77% | 5.26% |
| Hindustan UnileverDiversified FMCG | 1.63% | 5.95% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.15% | 8.30% |
| Bajaj FinservFinance | 2.63% | 1.07% |
| InfosysIT - Software | 1.83% | 1.06% |
| Bajaj AutoAutomobiles | 1.01% | 1.14% |
| ICICI BankBanks | 3.76% | 1.00% |
| Reliance IndustriesPetroleum Products | 3.42% | 0.98% |
| Maruti Suzuki IndiaAutomobiles | 1.70% | 0.97% |
| Kotak Mahindra BankBanks | 1.29% | 0.95% |
| Larsen & ToubroConstruction | 1.04% | 0.95% |
| State Bank of IndiaBanks | 1.00% | 0.95% |
| NTPCPower | 1.47% | 0.94% |
| InterGlobe AviationTransport Services | 1.80% | 0.93% |
| HDFC BankBanks | 5.97% | 0.92% |
| Axis BankBanks | 2.28% | 0.88% |
| Tata Consultancy ServicesIT - Software | 0.80% | 1.11% |
| Tata SteelFerrous Metals | 0.68% | 0.99% |
| Tata Motors Passenger VehiclesAutomobiles | 0.66% | 0.96% |
| Oil & Natural Gas CorporationOil | 0.64% | 1.00% |
| HDFC Life Insurance CompanyInsurance | 0.59% | 0.94% |
| Bajaj FinanceFinance | 0.52% | 1.09% |
| Bharti AirtelTelecom - Services | 0.50% | 2.01% |
| SBI Life Insurance CompanyInsurance | 0.49% | 1.03% |
| Mahindra & MahindraAutomobiles | 0.45% | 1.04% |
| Tech MahindraIT - Software | 0.45% | 4.55% |
| Grasim IndustriesCement & Cement Products | 0.37% | 0.95% |
| Asian PaintsConsumer Durables | 0.37% | 1.46% |
| Eicher MotorsAutomobiles | 0.34% | 1.05% |
| Hindalco IndustriesNon - Ferrous Metals | 0.33% | 1.00% |
| Coal IndiaConsumable Fuels | 0.32% | 4.37% |
| Nestle IndiaFood Products | 0.31% | 8.14% |
| HCL TechnologiesIT - Software | 0.30% | 1.22% |
| Bharat ElectronicsAerospace & Defense | 0.30% | 0.91% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.29% | 3.03% |
| TrentRetailing | 0.25% | 0.88% |
| Titan CompanyConsumer Durables | 0.25% | 1.06% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.18% | 0.88% |
| JSW SteelFerrous Metals | 0.10% | 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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.