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14 of 136 unique stocks in common · Jaccard: 10.3%
A weighted portfolio overlap of 13.21% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.21 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 ICICI Bank, which commands a weight of 3.18% in ICICI Prudential Multi-Asset Fund and 6.90% in SBI Long Term Advantage Fund - Series IV. 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% | 6.90% |
| InfosysIT - Software | 2.34% | 3.85% |
| Reliance IndustriesPetroleum Products | 1.89% | 3.73% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.19% | 3.29% |
| Kotak Mahindra BankBanks | 1.02% | 3.22% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.72% | 3.37% |
| Bajaj FinanceFinance | 0.43% | 6.65% |
| Kalpataru Projects InternationalConstruction | 0.42% | 2.73% |
| SBI Life Insurance CompanyInsurance | 0.39% | 1.91% |
| Eicher MotorsAutomobiles | 0.38% | 4.50% |
| Tech MahindraIT - Software | 0.36% | 3.88% |
| Tata SteelFerrous Metals | 0.35% | 3.26% |
| State Bank of IndiaBanks | 0.34% | 4.04% |
| Afcons InfrastructureConstruction | 0.21% | 1.77% |
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.