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19 of 144 unique stocks in common · Jaccard: 13.2%
A weighted portfolio overlap of 20.75% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.75 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.46% 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 | 4.46% | 8.56% |
| Larsen & ToubroConstruction | 1.93% | 2.95% |
| ICICI BankBanks | 1.79% | 5.87% |
| Mahindra & MahindraAutomobiles | 1.38% | 2.49% |
| Kotak Mahindra BankBanks | 1.28% | 2.02% |
| Axis BankBanks | 1.26% | 5.16% |
| Bharti AirtelTelecom - Services | 1.23% | 2.88% |
| InfosysIT - Software | 1.23% | 4.89% |
| TBO TekLeisure Services | 0.92% | 0.95% |
| Reliance IndustriesPetroleum Products | 0.90% | 3.53% |
| TrentRetailing | 1.01% | 0.85% |
| NTPCPower | 0.69% | 1.72% |
| Hindustan AeronauticsAerospace & Defense | 0.65% | 0.74% |
| Ultratech CementCement & Cement Products | 0.54% | 0.75% |
| MphasisIT - Software | 0.98% | 0.35% |
| State Bank of IndiaBanks | 2.10% | 0.34% |
| Titan CompanyConsumer Durables | 0.91% | 0.34% |
| EternalRetailing | 1.91% | 0.33% |
| PB FintechFinancial Technology (Fintech) | 1.21% | 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.