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16 of 80 unique stocks in common · Jaccard: 20%
A weighted portfolio overlap of 32.24% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.24 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.51% in ICICI Prudential Rural Opportunities Fund 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 | 5.51% | 10.53% |
| Bharti AirtelTelecom - Services | 9.53% | 5.19% |
| State Bank of IndiaBanks | 4.58% | 3.70% |
| ITCDiversified FMCG | 3.68% | 2.56% |
| Mahindra & MahindraAutomobiles | 5.52% | 2.52% |
| Hindustan UnileverDiversified FMCG | 7.29% | 1.77% |
| NTPCPower | 2.03% | 1.70% |
| Maruti Suzuki IndiaAutomobiles | 4.07% | 1.59% |
| Ultratech CementCement & Cement Products | 3.78% | 1.26% |
| Bajaj FinanceFinance | 1.11% | 2.25% |
| Bajaj AutoAutomobiles | 3.97% | 1.07% |
| ICICI BankBanks | 1.00% | 8.30% |
| Kotak Mahindra BankBanks | 0.96% | 2.62% |
| Nestle IndiaFood Products | 1.37% | 0.94% |
| SBI Life Insurance CompanyInsurance | 1.42% | 0.76% |
| HDFC Life Insurance CompanyInsurance | 1.84% | 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.