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14 of 112 unique stocks in common · Jaccard: 12.5%
A weighted portfolio overlap of 28.43% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.43 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.74% in ICICI Prudential Retirement Fund - Pure Equity Plan and 12.80% in SBI BSE Sensex 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 | 5.74% | 12.80% |
| Reliance IndustriesPetroleum Products | 4.14% | 10.08% |
| ICICI BankBanks | 2.38% | 10.14% |
| Mahindra & MahindraAutomobiles | 2.27% | 3.07% |
| Hindustan UnileverDiversified FMCG | 3.34% | 2.16% |
| Larsen & ToubroConstruction | 2.06% | 5.38% |
| Bharti AirtelTelecom - Services | 1.86% | 5.89% |
| Ultratech CementCement & Cement Products | 1.90% | 1.52% |
| Titan CompanyConsumer Durables | 1.40% | 1.88% |
| ITCDiversified FMCG | 1.28% | 3.12% |
| Tech MahindraIT - Software | 1.68% | 1.07% |
| InterGlobe AviationTransport Services | 0.95% | 1.11% |
| NTPCPower | 0.94% | 2.07% |
| InfosysIT - Software | 0.66% | 4.56% |
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.