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15 of 141 unique stocks in common · Jaccard: 10.6%
A weighted portfolio overlap of 18.67% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.67 is allocated to the exact same companies at the same relative proportions. The schemes share 15 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 4.16% in SBI Long Term Advantage Fund - Series VI. 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% | 4.16% |
| HDFC BankBanks | 5.97% | 2.83% |
| Bajaj FinservFinance | 2.63% | 2.74% |
| Axis BankBanks | 2.28% | 2.20% |
| Kotak Mahindra BankBanks | 1.29% | 3.93% |
| Larsen & ToubroConstruction | 1.04% | 4.21% |
| State Bank of IndiaBanks | 1.00% | 4.76% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.82% | 4.22% |
| SwiggyRetailing | 0.82% | 2.20% |
| Bharti AirtelTelecom - Services | 0.50% | 4.36% |
| Jubilant FoodworksLeisure Services | 0.48% | 1.43% |
| BioconPharmaceuticals & Biotechnology | 0.47% | 2.47% |
| AIA EngineeringIndustrial Products | 0.43% | 1.99% |
| Sona BLW Precision ForgingsAuto Components | 0.24% | 3.66% |
| Afcons InfrastructureConstruction | 0.17% | 1.36% |
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.