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14 of 139 unique stocks in common · Jaccard: 10.1%
A weighted portfolio overlap of 16.25% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.25 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 HDFC Bank, which commands a weight of 5.74% in ICICI Prudential Multi-Asset Fund and 4.42% in SBI Long Term Advantage Fund - Series VI. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 5.74% | 4.42% |
| ICICI BankBanks | 3.18% | 3.78% |
| Axis BankBanks | 2.46% | 4.71% |
| Larsen & ToubroConstruction | 1.48% | 4.52% |
| Kotak Mahindra BankBanks | 1.02% | 4.02% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.72% | 3.81% |
| Bharti AirtelTelecom - Services | 0.53% | 4.20% |
| AIA EngineeringIndustrial Products | 0.49% | 2.03% |
| Jubilant FoodworksLeisure Services | 0.44% | 1.45% |
| Sona BLW Precision ForgingsAuto Components | 0.43% | 3.00% |
| SBI Life Insurance CompanyInsurance | 0.39% | 2.20% |
| State Bank of IndiaBanks | 0.34% | 4.64% |
| Afcons InfrastructureConstruction | 0.21% | 1.77% |
| BioconPharmaceuticals & Biotechnology | 0.14% | 2.58% |
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.