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21 of 82 unique stocks in common · Jaccard: 25.6%
A weighted portfolio overlap of 42.35% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹42.35 is allocated to the exact same companies at the same relative proportions. The schemes share 21 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 10.53% in SBI Nifty 50 ETF. 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% | 10.53% |
| Bharti AirtelTelecom - Services | 5.14% | 5.19% |
| ICICI BankBanks | 4.24% | 8.30% |
| InfosysIT - Software | 4.44% | 3.76% |
| Kotak Mahindra BankBanks | 3.33% | 2.62% |
| ITCDiversified FMCG | 3.43% | 2.56% |
| Bajaj FinanceFinance | 3.58% | 2.25% |
| Tata Consultancy ServicesIT - Software | 3.65% | 2.13% |
| Axis BankBanks | 1.65% | 3.41% |
| Titan CompanyConsumer Durables | 1.78% | 1.55% |
| Bharat ElectronicsAerospace & Defense | 2.49% | 1.36% |
| Ultratech CementCement & Cement Products | 3.56% | 1.26% |
| HCL TechnologiesIT - Software | 2.64% | 1.15% |
| Asian PaintsConsumer Durables | 1.61% | 1.12% |
| Bajaj AutoAutomobiles | 1.46% | 1.07% |
| Coal IndiaConsumable Fuels | 1.30% | 0.96% |
| Nestle IndiaFood Products | 1.18% | 0.94% |
| InterGlobe AviationTransport Services | 1.95% | 0.92% |
| Eicher MotorsAutomobiles | 0.99% | 0.91% |
| SBI Life Insurance CompanyInsurance | 1.19% | 0.76% |
| TrentRetailing | 0.59% | 0.87% |
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.