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39 of 508 unique stocks in common · Jaccard: 7.7%
A weighted portfolio overlap of 30.16% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.16 is allocated to the exact same companies at the same relative proportions. The schemes share 39 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.64% in ICICI Prudential Nifty 500 Index Fund and 4.04% in SBI Equity Hybrid 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 | 4.64% | 4.04% |
| Bharti AirtelTelecom - Services | 2.90% | 3.27% |
| Larsen & ToubroConstruction | 2.47% | 2.50% |
| HDFC BankBanks | 5.88% | 2.39% |
| Reliance IndustriesPetroleum Products | 4.61% | 2.36% |
| State Bank of IndiaBanks | 2.07% | 3.79% |
| InfosysIT - Software | 2.10% | 1.65% |
| Kotak Mahindra BankBanks | 1.46% | 3.20% |
| Bajaj FinanceFinance | 1.25% | 2.49% |
| Tata Consultancy ServicesIT - Software | 1.19% | 1.08% |
| NTPCPower | 0.95% | 0.88% |
| Hindalco IndustriesNon - Ferrous Metals | 0.84% | 1.74% |
| ITCDiversified FMCG | 1.43% | 0.79% |
| Asian PaintsConsumer Durables | 0.62% | 1.75% |
| Coal IndiaConsumable Fuels | 0.54% | 1.80% |
| Adani PowerPower | 0.52% | 4.03% |
| InterGlobe AviationTransport Services | 0.51% | 2.25% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.44% | 2.62% |
| Max Healthcare InstituteHealthcare Services | 0.37% | 0.80% |
| Avenue SupermartsRetailing | 0.31% | 1.59% |
| Adani Energy SolutionsPower | 0.27% | 3.63% |
| Jindal SteelFerrous Metals | 0.23% | 1.01% |
| Solar Industries IndiaChemicals & Petrochemicals | 0.22% | 3.89% |
| Varun BeveragesBeverages | 0.37% | 0.21% |
| DLFRealty | 0.20% | 0.91% |
| Muthoot FinanceFinance | 0.18% | 2.79% |
| SwiggyRetailing | 0.18% | 0.71% |
| Shree CementCement & Cement Products | 0.17% | 1.78% |
| JSW EnergyPower | 0.17% | 1.77% |
| Vishal Mega MartRetailing | 0.13% | 1.01% |
| MRFAuto Components | 0.13% | 2.50% |
| Page IndustriesTextiles & Apparels | 0.12% | 1.44% |
| Oberoi RealtyRealty | 0.10% | 0.91% |
| AstralIndustrial Products | 0.10% | 1.00% |
| AIA EngineeringIndustrial Products | 0.09% | 1.55% |
| Lenskart SolutionsRetailing | 0.08% | 1.43% |
| United BreweriesBeverages | 0.05% | 0.47% |
| MeeshoRetailing | 0.03% | 0.77% |
| Brainbees SolutionsRetailing | 0.03% | 0.11% |
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.