Loading fund overlap…
8 of 47 unique stocks in common · Jaccard: 17%
A weighted portfolio overlap of 9.07% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.07 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Larsen & Toubro, which commands a weight of 1.57% in ICICI Prudential Retirement Fund - Hybrid Conservative Plan and 5.38% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in Larsen & Toubro 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 |
|---|---|---|
| Larsen & ToubroConstruction | 1.57% | 5.38% |
| Mahindra & MahindraAutomobiles | 1.43% | 3.07% |
| Kotak Mahindra BankBanks | 1.19% | 3.19% |
| Titan CompanyConsumer Durables | 1.12% | 1.88% |
| Tech MahindraIT - Software | 1.22% | 1.07% |
| HDFC BankBanks | 0.96% | 12.80% |
| InterGlobe AviationTransport Services | 0.93% | 1.11% |
| Tata SteelFerrous Metals | 0.80% | 1.94% |
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.