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12 of 139 unique stocks in common · Jaccard: 8.6%
A weighted portfolio overlap of 15.6% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.6 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.76% in ICICI Prudential Multi-Asset Fund and 5.31% in SBI Long Term Advantage Fund - Series V. 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% | 5.31% |
| HDFC BankBanks | 5.97% | 3.75% |
| InfosysIT - Software | 1.83% | 2.88% |
| Kotak Mahindra BankBanks | 1.29% | 3.09% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.15% | 3.15% |
| State Bank of IndiaBanks | 1.00% | 4.61% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.82% | 2.88% |
| SwiggyRetailing | 0.82% | 2.26% |
| Bajaj FinanceFinance | 0.52% | 3.31% |
| Eicher MotorsAutomobiles | 0.34% | 4.14% |
| Sona BLW Precision ForgingsAuto Components | 0.24% | 3.05% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.08% | 4.25% |
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.