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17 of 107 unique stocks in common · Jaccard: 15.9%
A weighted portfolio overlap of 10.65% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.65 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.03% 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 | 5.03% | 8.56% |
| Bharti AirtelTelecom - Services | 1.63% | 2.88% |
| Reliance IndustriesPetroleum Products | 1.24% | 3.53% |
| ICICI BankBanks | 0.54% | 5.87% |
| Kotak Mahindra BankBanks | 0.51% | 2.02% |
| Hindustan AeronauticsAerospace & Defense | 0.34% | 0.74% |
| EternalRetailing | 0.62% | 0.33% |
| Tata Motors Passenger VehiclesAutomobiles | 0.19% | 1.25% |
| Axis BankBanks | 0.18% | 5.16% |
| Oil & Natural Gas CorporationOil | 0.17% | 0.77% |
| Tata Consultancy ServicesIT - Software | 0.17% | 1.00% |
| UPLFertilizers & Agrochemicals | 0.11% | 1.22% |
| IndusInd BankBanks | 0.10% | 0.51% |
| Mahindra & MahindraAutomobiles | 0.04% | 2.49% |
| Interglobe AviationTransport Services | 0.03% | 1.77% |
| Britannia IndustriesFood Products | 0.02% | 2.04% |
| NTPCPower | 0.02% | 1.72% |
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.