Loading fund overlap…
7 of 82 unique stocks in common · Jaccard: 8.5%
A weighted portfolio overlap of 17.85% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.85 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.05% 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 | 5.05% | 8.56% |
| ICICI BankBanks | 3.41% | 5.87% |
| Bharti AirtelTelecom - Services | 3.19% | 2.88% |
| Reliance IndustriesPetroleum Products | 2.85% | 3.53% |
| Axis BankBanks | 1.57% | 5.16% |
| UPLFertilizers & Agrochemicals | 1.35% | 1.22% |
| Kotak Mahindra BankBanks | 0.86% | 2.02% |
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.