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10 of 65 unique stocks in common · Jaccard: 15.4%
A weighted portfolio overlap of 10.64% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.64 is allocated to the exact same companies at the same relative proportions. The schemes share 10 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 4.43% in SBI Nifty 50 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% | 4.43% |
| Mahindra & MahindraAutomobiles | 1.43% | 2.52% |
| Kotak Mahindra BankBanks | 1.19% | 2.62% |
| Titan CompanyConsumer Durables | 1.12% | 1.55% |
| Bajaj AutoAutomobiles | 1.31% | 1.07% |
| HDFC BankBanks | 0.96% | 10.53% |
| InterGlobe AviationTransport Services | 0.93% | 0.92% |
| Tech MahindraIT - Software | 1.22% | 0.87% |
| Tata SteelFerrous Metals | 0.80% | 1.59% |
| Tata Consumer ProductsAgricultural Food & Other Products | 0.97% | 0.71% |
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.