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12 of 68 unique stocks in common · Jaccard: 17.6%
A weighted portfolio overlap of 26.49% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.49 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 Reliance Industries, which commands a weight of 20.05% in ICICI Prudential Nifty Infrastructure ETF and 7.83% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 20.05% | 7.83% |
| Bharti AirtelTelecom - Services | 14.70% | 5.00% |
| Larsen & ToubroConstruction | 12.64% | 4.30% |
| NTPCPower | 4.14% | 1.41% |
| Ultratech CementCement & Cement Products | 3.62% | 1.23% |
| Grasim IndustriesCement & Cement Products | 3.40% | 1.15% |
| Power Grid Corporation of IndiaPower | 3.19% | 1.08% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 3.13% | 1.07% |
| Interglobe AviationTransport Services | 3.17% | 1.07% |
| Apollo Hospitals EnterpriseHealthcare Services | 2.45% | 0.83% |
| Oil & Natural Gas CorporationOil | 2.40% | 0.82% |
| Max Healthcare InstituteHealthcare Services | 2.07% | 0.70% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.