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8 of 114 unique stocks in common · Jaccard: 7%
A weighted portfolio overlap of 8.19% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.19 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Tata Motors, which commands a weight of 3.87% in and 2.59% in ICICI Prudential India Opportunities Fund. Holding both schemes increases your concentration in Tata Motors 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 |
|---|---|---|
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 3.87% | 2.59% |
| Britannia IndustriesFood Products | 2.43% | 2.04% |
| Avenue SupermartsRetailing | 2.47% | 0.93% |
| Hindustan AeronauticsAerospace & Defense | 3.58% | 0.74% |
| Shree CementCement & Cement Products | 1.23% | 0.53% |
| Jindal SteelFerrous Metals | 1.74% | 0.50% |
| Bharat Petroleum CorporationPetroleum Products | 2.58% | 0.47% |
| Indian Oil CorporationPetroleum Products | 2.04% | 0.40% |
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.