Loading fund overlap…
4 of 60 unique stocks in common · Jaccard: 6.7%
A weighted portfolio overlap of 10.02% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.02 is allocated to the exact same companies at the same relative proportions. The schemes share 4 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 4.62% in ICICI Prudential Nifty200 Value 30 Index Fund and 4.52% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in State Bank of India 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 |
|---|---|---|
| State Bank of IndiaBanks | 4.62% | 4.52% |
| NTPCPower | 5.53% | 2.07% |
| Tata SteelFerrous Metals | 5.50% | 1.94% |
| Power Grid Corporation of IndiaPower | 4.72% | 1.49% |
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.