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5 of 87 unique stocks in common · Jaccard: 5.7%
A weighted portfolio overlap of 11.94% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.94 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is Life Insurance Corporation Of India, which commands a weight of 3.46% in and 4.25% in ICICI Prudential India Opportunities Fund. Holding both schemes increases your concentration in Life Insurance Corporation Of India 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 | in ICICI |
|---|---|---|
| Life Insurance Corporation Of IndiaInsurance | 3.46% | 4.25% |
| SBI Life Insurance CompanyInsurance | 9.61% | 2.79% |
| HDFC Life Insurance CompanyInsurance | 9.44% | 2.45% |
| ICICI Lombard General Insurance CompanyInsurance | 6.26% | 2.44% |
| ICICI Prudential Life Insurance CompanyInsurance | 3.28% | 0.81% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.