1.5L x 0.05
= 0.075
= 1.425L
Once melted ice will then take the same volume as before (10cm^3), but it was dispersing only 9.5cm^3, so the water level will rise to account for the additional .5cm^3. This is a fairly small amount (only about 5% of the volume of the melted water), but it's notable.
Therefore yes it can be contained.