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16 of 78 unique stocks in common · Jaccard: 20.5%
A weighted portfolio overlap of 37.1% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.1 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.41% in ICICI Prudential Quant Fund and 7.65% in SBI ESG Exclusionary Strategy Fund. 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 | 5.41% | 7.65% |
| InfosysIT - Software | 4.44% | 4.66% |
| ICICI BankBanks | 4.24% | 8.11% |
| Bajaj FinanceFinance | 3.58% | 3.63% |
| Kotak Mahindra BankBanks | 3.33% | 3.78% |
| Ultratech CementCement & Cement Products | 3.56% | 3.30% |
| TVS Motor CompanyAutomobiles | 2.31% | 2.49% |
| Axis BankBanks | 1.65% | 5.06% |
| Asian PaintsConsumer Durables | 1.61% | 3.05% |
| The Indian Hotels CompanyLeisure Services | 1.44% | 1.50% |
| Britannia IndustriesFood Products | 1.47% | 1.34% |
| Page IndustriesTextiles & Apparels | 1.08% | 1.38% |
| Pidilite IndustriesChemicals & Petrochemicals | 1.01% | 1.97% |
| Eicher MotorsAutomobiles | 0.99% | 2.06% |
| Colgate Palmolive (India)Personal Products | 1.03% | 0.81% |
| Schaeffler IndiaAuto Components | 0.57% | 1.46% |
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.