ICICI Prudential Focused Equity Fund vs SBI Focused Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
11.5%
Low overlap
Largely different portfolios.
2
Common stocks
28
Only in ICICI Prudential Focused Equity Fund
24
Only in SBI Focused Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
2 common stocks
ICICI Prudential Focused Equity FundSBI Focused Fund| Stock | ICICI Prudential Focused Equity Fund | SBI Focused Fund | Overlap |
|---|---|---|---|
| ICICI Bank LtdFinancial Services | 9.18% | 7.66% | 7.66% |
| Bharti Airtel LtdCommunication Services | 3.85% | 4.95% | 3.85% |
| Total | 13.03% | 12.61% | 11.51% |
Only in ICICI Prudential Focused Equity Fund
28 stocks, 83.8% of the fund
- Axis Bank LtdFinancial Services6.25%
- Mphasis LtdTechnology5.34%
- HDFC Bank LtdFinancial Services4.99%
- TVS Motor Company LtdConsumer Discretionary4.97%
- HDFC Asset Management Company LtdFinancial Services3.66%
- Swiggy LtdConsumer Discretionary3.62%
- Britannia Industries LtdConsumer Staples3.41%
- Ashok Leyland LtdIndustrials3.25%
- Godrej Consumer Products LtdConsumer Staples3.16%
- Titan Company LtdConsumer Discretionary3.09%
Only in SBI Focused Fund
24 stocks, 80.3% of the fund
- Bajaj Finance LtdFinancial Services8.46%
- Alphabet IncTechnology6.95%
- Kotak Mahindra Bank LtdFinancial Services5.73%
- State Bank Of IndiaFinancial Services5.58%
- Muthoot Finance LtdFinancial Services4.76%
- Solar Industries India LtdMaterials4.32%
- Adani Power LtdUtilities4.25%
- Adani Transmission LtdUtilities4.15%
- EPAM Systems IncTechnology3.49%
- Life Insurance Corporation Of IndiaFinancial Services3.43%
Check another pair
More Focused pairs
What is mutual fund portfolio overlap?
Portfolio overlap is the share of two funds' money that sits in the same stocks in the same amounts. Two flexi cap funds that both hold HDFC Bank, ICICI Bank and Reliance overlap by the smaller of their weights in each of those stocks.
How is portfolio overlap calculated?
For every stock both funds hold, take the smaller of the two weights, then add them up. If one fund holds HDFC Bank at 8% and the other at 5%, that stock adds 5% to the overlap. Only shares count; cash, bonds, deposits and REITs are left out. The figures use each fund's latest monthly portfolio disclosure.
Is high overlap between two funds bad?
Not by itself. RuDo studied 33,153 pairs of diversified equity funds over five years to September 2026. Funds from different fund houses with 50% to 70% overlap shared mostly the index's largest stocks, and holding both still made returns swing 12% to 15% less around the index than holding either one. Overlap above 70% came mostly from two funds of the same fund house, which hold nearly the same portfolio.
How often does the overlap change?
Fund houses disclose their portfolios every month, so the overlap is refreshed as each new disclosure arrives. It moves slowly for most diversified funds and faster for focused or high-turnover funds.
Based on each fund's monthly portfolio disclosure. Past performance does not indicate future returns.