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15 of 124 unique stocks in common · Jaccard: 12.1%
A weighted portfolio overlap of 18.53% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.53 is allocated to the exact same companies at the same relative proportions. The schemes share 15 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 2.39% in SBI Equity Hybrid 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 | 5.74% | 2.39% |
| ICICI BankBanks | 2.38% | 4.04% |
| Reliance IndustriesPetroleum Products | 4.14% | 2.36% |
| Larsen & ToubroConstruction | 2.06% | 2.50% |
| Bharti AirtelTelecom - Services | 1.86% | 3.27% |
| Avenue SupermartsRetailing | 1.70% | 1.59% |
| Shree CementCement & Cement Products | 0.99% | 1.78% |
| InterGlobe AviationTransport Services | 0.95% | 2.25% |
| NTPCPower | 0.94% | 0.88% |
| ITCDiversified FMCG | 1.28% | 0.79% |
| InfosysIT - Software | 0.66% | 1.65% |
| Jindal SteelFerrous Metals | 0.53% | 1.01% |
| United BreweriesBeverages | 0.87% | 0.47% |
| AstralIndustrial Products | 0.41% | 1.00% |
| Procter & Gamble Hygiene and Health CarePersonal Products | 0.19% | 0.49% |
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.