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17 of 129 unique stocks in common · Jaccard: 13.2%
A weighted portfolio overlap of 30.25% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.25 is allocated to the exact same companies at the same relative proportions. The schemes share 17 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 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 | 5.74% | 10.53% |
| Reliance IndustriesPetroleum Products | 4.14% | 8.25% |
| ICICI BankBanks | 2.38% | 8.30% |
| Mahindra & MahindraAutomobiles | 2.27% | 2.52% |
| Larsen & ToubroConstruction | 2.06% | 4.43% |
| Bharti AirtelTelecom - Services | 1.86% | 5.19% |
| Hindustan UnileverDiversified FMCG | 3.34% | 1.77% |
| Titan CompanyConsumer Durables | 1.40% | 1.55% |
| ITCDiversified FMCG | 1.28% | 2.56% |
| Ultratech CementCement & Cement Products | 1.90% | 1.26% |
| Bajaj AutoAutomobiles | 1.07% | 1.07% |
| JSW SteelFerrous Metals | 1.04% | 1.11% |
| NTPCPower | 0.94% | 1.70% |
| InterGlobe AviationTransport Services | 0.95% | 0.92% |
| Tech MahindraIT - Software | 1.68% | 0.87% |
| InfosysIT - Software | 0.66% | 3.76% |
| HDFC Life Insurance CompanyInsurance | 1.07% | 0.59% |
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.