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37 of 135 unique stocks in common · Jaccard: 27.4%
A weighted portfolio overlap of 25.84% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.84 is allocated to the exact same companies at the same relative proportions. The schemes share 37 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.18% in ICICI Prudential Multi-Asset Fund and 2.52% in SBI Equity Minimum Variance 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 | 3.18% | 2.52% |
| ITCDiversified FMCG | 2.00% | 6.13% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.19% | 7.78% |
| Tata Consultancy ServicesIT - Software | 1.09% | 1.73% |
| Bajaj AutoAutomobiles | 1.34% | 1.09% |
| Larsen & ToubroConstruction | 1.48% | 1.03% |
| Bajaj FinservFinance | 2.66% | 1.00% |
| NTPCPower | 1.48% | 0.99% |
| Axis BankBanks | 2.46% | 0.98% |
| Kotak Mahindra BankBanks | 1.02% | 0.98% |
| InterGlobe AviationTransport Services | 2.16% | 0.96% |
| Maruti Suzuki IndiaAutomobiles | 1.79% | 0.95% |
| HDFC BankBanks | 5.74% | 0.91% |
| Reliance IndustriesPetroleum Products | 1.89% | 0.90% |
| Hindustan UnileverDiversified FMCG | 0.83% | 7.64% |
| InfosysIT - Software | 2.34% | 0.82% |
| Tata Motors Passenger VehiclesAutomobiles | 0.79% | 1.19% |
| Oil & Natural Gas CorporationOil | 0.61% | 0.85% |
| Bharti AirtelTelecom - Services | 0.53% | 1.92% |
| Titan CompanyConsumer Durables | 0.45% | 0.91% |
| Bajaj FinanceFinance | 0.43% | 1.01% |
| HDFC Life Insurance CompanyInsurance | 0.43% | 0.96% |
| SBI Life Insurance CompanyInsurance | 0.39% | 1.83% |
| Grasim IndustriesCement & Cement Products | 0.39% | 1.12% |
| Eicher MotorsAutomobiles | 0.38% | 0.99% |
| HCL TechnologiesIT - Software | 0.38% | 1.33% |
| Nestle IndiaFood Products | 0.38% | 8.74% |
| Asian PaintsConsumer Durables | 0.37% | 2.74% |
| Tech MahindraIT - Software | 0.36% | 2.18% |
| Tata SteelFerrous Metals | 0.35% | 0.98% |
| State Bank of IndiaBanks | 0.34% | 0.87% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.32% | 3.30% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.22% | 1.20% |
| Hindalco IndustriesNon - Ferrous Metals | 0.18% | 1.13% |
| TrentRetailing | 0.13% | 1.09% |
| JSW SteelFerrous Metals | 0.11% | 1.03% |
| Mahindra & MahindraAutomobiles | 0.06% | 0.93% |
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.