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12 of 64 unique stocks in common · Jaccard: 18.8%
A weighted portfolio overlap of 32.84% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.84 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 9.53% in ICICI Prudential Rural Opportunities Fund and 5.89% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 9.53% | 5.89% |
| HDFC BankBanks | 5.51% | 12.80% |
| State Bank of IndiaBanks | 4.58% | 4.52% |
| ITCDiversified FMCG | 3.68% | 3.12% |
| Mahindra & MahindraAutomobiles | 5.52% | 3.07% |
| Hindustan UnileverDiversified FMCG | 7.29% | 2.16% |
| NTPCPower | 2.03% | 2.07% |
| Maruti Suzuki IndiaAutomobiles | 4.07% | 1.95% |
| Ultratech CementCement & Cement Products | 3.78% | 1.52% |
| Bajaj FinanceFinance | 1.11% | 2.73% |
| ICICI BankBanks | 1.00% | 10.14% |
| Kotak Mahindra BankBanks | 0.96% | 3.19% |
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.