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22 of 145 unique stocks in common · Jaccard: 15.2%
A weighted portfolio overlap of 32.84% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.84 is allocated to the exact same companies at the same relative proportions. The schemes share 22 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.93% in and 5.87% in ICICI Prudential India Opportunities Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 4.93% | 5.87% |
| HDFC BankBanks | 3.83% | 8.56% |
| Reliance IndustriesPetroleum Products | 4.27% | 3.53% |
| Larsen & ToubroConstruction | 2.92% | 2.95% |
| Bharti AirtelTelecom - Services | 3.29% | 2.88% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.69% | 1.88% |
| NTPCPower | 1.53% | 1.72% |
| Mahindra & MahindraAutomobiles | 1.49% | 2.49% |
| InfosysIT - Software | 1.35% | 4.89% |
| Axis BankBanks | 1.17% | 5.16% |
| Kotak Mahindra BankBanks | 1.17% | 2.02% |
| Tata Consultancy ServicesIT - Software | 1.35% | 1.00% |
| SBI Life Insurance CompanyInsurance | 0.97% | 2.79% |
| TrentRetailing | 1.43% | 0.85% |
| Ultratech CementCement & Cement Products | 1.07% | 0.75% |
| Hindustan UnileverDiversified FMCG | 0.67% | 1.84% |
| Bharat Petroleum CorporationPetroleum Products | 0.67% | 0.47% |
| MphasisIT - Software | 0.63% | 0.35% |
| State Bank of IndiaBanks | 2.55% | 0.34% |
| Titan CompanyConsumer Durables | 1.04% | 0.34% |
| EternalRetailing | 0.56% | 0.33% |
| PB FintechFinancial Technology (Fintech) | 1.07% | 0.27% |
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.