Loading fund overlap…
7 of 277 unique stocks in common · Jaccard: 2.5%
A weighted portfolio overlap of 3.15% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹3.15 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is Kalpataru Projects International, which commands a weight of 0.73% in ICICI Prudential Nifty Smallcap 250 Index Fund and 5.87% in SBI Energy Opportunities Fund. Holding both schemes increases your concentration in Kalpataru Projects International 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 |
|---|---|---|
| Kalpataru Projects InternationalConstruction | 0.73% | 5.87% |
| CESCPower | 0.57% | 2.48% |
| Indraprastha GasGas | 0.56% | 2.02% |
| Indian Energy ExchangeCapital Markets | 0.50% | 0.82% |
| KEC InternationalConstruction | 0.32% | 0.50% |
| Graphite IndiaIndustrial Products | 0.24% | 2.29% |
| HEGIndustrial Products | 0.23% | 4.15% |
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.