Loading fund overlap…
27 of 95 unique stocks in common · Jaccard: 28.4%
A weighted portfolio overlap of 49.2% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹49.2 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 9.86% 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 | 9.86% | 8.56% |
| ICICI BankBanks | 9.46% | 5.87% |
| InfosysIT - Software | 3.61% | 4.89% |
| Reliance IndustriesPetroleum Products | 7.82% | 3.53% |
| Axis BankBanks | 3.39% | 5.16% |
| Larsen & ToubroConstruction | 4.30% | 2.95% |
| Bharti AirtelTelecom - Services | 5.00% | 2.88% |
| Mahindra & MahindraAutomobiles | 2.66% | 2.49% |
| Kotak Mahindra BankBanks | 2.80% | 2.02% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.91% | 1.88% |
| Hindustan UnileverDiversified FMCG | 1.58% | 1.84% |
| NTPCPower | 1.41% | 1.72% |
| Interglobe AviationTransport Services | 1.08% | 1.77% |
| Tata Consultancy ServicesIT - Software | 2.22% | 1.00% |
| TrentRetailing | 0.87% | 0.85% |
| Oil & Natural Gas CorporationOil | 0.82% | 0.77% |
| Ultratech CementCement & Cement Products | 1.23% | 0.75% |
| SBI Life Insurance CompanyInsurance | 0.71% | 2.79% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.64% | 2.36% |
| CiplaPharmaceuticals & Biotechnology | 0.72% | 0.62% |
| Tata Motors Passenger VehiclesAutomobiles | 0.59% | 1.25% |
| HDFC Life Insurance CompanyInsurance | 0.53% | 2.45% |
| State Bank of IndiaBanks | 3.98% | 0.34% |
| Titan CompanyConsumer Durables | 1.91% | 0.34% |
| EternalRetailing | 2.15% | 0.33% |
| Bajaj FinservFinance | 1.06% | 0.25% |
| Maruti Suzuki IndiaAutomobiles | 1.60% | 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.