Loading fund overlap…
13 of 135 unique stocks in common · Jaccard: 9.6%
A weighted portfolio overlap of 23.19% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.19 is allocated to the exact same companies at the same relative proportions. The schemes share 13 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 6.58% in SBI Retirement Benefit Fund - Aggressive Plan. 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% | 6.58% |
| Reliance IndustriesPetroleum Products | 4.14% | 5.42% |
| ICICI BankBanks | 2.38% | 5.47% |
| Larsen & ToubroConstruction | 2.06% | 4.28% |
| Ultratech CementCement & Cement Products | 1.90% | 2.77% |
| ABB IndiaElectrical Equipment | 2.26% | 1.62% |
| The Indian Hotels CompanyLeisure Services | 1.21% | 1.31% |
| Pidilite IndustriesChemicals & Petrochemicals | 1.02% | 1.33% |
| InterGlobe AviationTransport Services | 0.95% | 1.00% |
| InfosysIT - Software | 0.66% | 2.76% |
| ThermaxElectrical Equipment | 0.62% | 1.76% |
| Godrej PropertiesRealty | 0.56% | 1.20% |
| VoltasConsumer Durables | 0.32% | 1.10% |
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.