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7 of 98 unique stocks in common · Jaccard: 7.1%
A weighted portfolio overlap of 25.02% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.02 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 10.96% 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 | 10.96% | 8.56% |
| ICICI BankBanks | 11.33% | 5.87% |
| Axis BankBanks | 7.55% | 5.16% |
| SBI Life Insurance CompanyInsurance | 3.13% | 2.79% |
| Kotak Mahindra BankBanks | 4.97% | 2.02% |
| State Bank of IndiaBanks | 8.72% | 0.34% |
| PB FintechFinancial Technology (Fintech) | 1.12% | 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.