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27 of 122 unique stocks in common · Jaccard: 22.1%
A weighted portfolio overlap of 44.58% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹44.58 is allocated to the exact same companies at the same relative proportions. The schemes share 27 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.77% in and 8.56% in ICICI Prudential India Opportunities Fund. 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 | in ICICI |
|---|---|---|
| HDFC BankBanks | 6.77% | 8.56% |
| ICICI BankBanks | 8.13% | 5.87% |
| Reliance IndustriesPetroleum Products | 5.46% | 3.53% |
| Axis BankBanks | 3.13% | 5.16% |
| InfosysIT - Software | 3.04% | 4.89% |
| Larsen & ToubroConstruction | 4.52% | 2.95% |
| Bharti AirtelTelecom - Services | 3.35% | 2.88% |
| Mahindra & MahindraAutomobiles | 3.18% | 2.49% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.77% | 1.88% |
| Kotak Mahindra BankBanks | 1.33% | 2.02% |
| NTPCPower | 1.26% | 1.72% |
| Tata Consultancy ServicesIT - Software | 1.79% | 1.00% |
| Info Edge (India)Retailing | 0.95% | 2.48% |
| Interglobe AviationTransport Services | 0.93% | 1.77% |
| Hindustan UnileverDiversified FMCG | 0.78% | 1.84% |
| Oil & Natural Gas CorporationOil | 0.90% | 0.77% |
| Ultratech CementCement & Cement Products | 1.42% | 0.75% |
| Avenue SupermartsRetailing | 0.67% | 0.93% |
| Sona Blw Precision ForgingsAuto Components | 0.62% | 0.72% |
| Britannia IndustriesFood Products | 0.51% | 2.04% |
| HDFC Life Insurance CompanyInsurance | 0.49% | 2.45% |
| Bharat Petroleum CorporationPetroleum Products | 0.55% | 0.47% |
| State Bank of IndiaBanks | 2.92% | 0.34% |
| Titan CompanyConsumer Durables | 3.00% | 0.34% |
| EternalRetailing | 1.21% | 0.33% |
| CiplaPharmaceuticals & Biotechnology | 0.29% | 0.62% |
| Maruti Suzuki IndiaAutomobiles | 0.94% | 0.21% |
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.