Loading fund overlap…
11 of 162 unique stocks in common · Jaccard: 6.8%
A weighted portfolio overlap of 5.3% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.3 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 0.97% in ICICI Prudential Smallcap Fund and 1.24% in SBI Conservative Hybrid Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 0.97% | 1.24% |
| Grindwell NortonIndustrial Products | 1.49% | 0.90% |
| HDFC BankBanks | 2.50% | 0.84% |
| Carborundum UniversalIndustrial Products | 1.67% | 0.49% |
| Finolex IndustriesIndustrial Products | 0.83% | 0.47% |
| G R InfraprojectsConstruction | 0.46% | 0.51% |
| Andhra PaperPaper, Forest & Jute Products | 0.35% | 0.32% |
| Nuvoco Vistas CorporationCement & Cement Products | 1.09% | 0.23% |
| Kansai Nerolac PaintsConsumer Durables | 0.92% | 0.22% |
| PNC InfratechConstruction | 0.46% | 0.22% |
| Sundram FastenersAuto Components | 0.51% | 0.18% |
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.