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20 of 101 unique stocks in common · Jaccard: 19.8%
A weighted portfolio overlap of 26.2% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.2 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.18% in Franklin India Dividend Yield Fund ^ and 8.46% in ICICI Prudential Large Cap 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 Franklin | in ICICI |
|---|---|---|
| HDFC BankBanks | 4.18% | 8.46% |
| ICICI BankBanks | 3.80% | 8.72% |
| InfosysIT - Software | 3.61% | 3.60% |
| NTPCPower | 4.43% | 2.38% |
| Oil & Natural Gas CorporationOil | 2.65% | 1.25% |
| Hero MotoCorpAutomobiles | 1.16% | 1.59% |
| Maruti Suzuki IndiaAutomobiles | 1.13% | 3.55% |
| Hindustan AeronauticsAerospace & Defense | 1.11% | 1.11% |
| Power Grid Corporation of IndiaPower | 1.32% | 1.08% |
| State Bank of IndiaBanks | 4.99% | 1.02% |
| ITCDiversified FMCG | 2.79% | 0.94% |
| Britannia IndustriesFood Products | 1.80% | 0.91% |
| Hindustan UnileverDiversified FMCG | 1.86% | 0.83% |
| Procter & Gamble Hygiene and Health CarePersonal Products | 0.73% | 0.64% |
| Bharat Petroleum CorporationPetroleum Products | 1.66% | 0.60% |
| HCL TechnologiesIT - Software | 3.01% | 0.47% |
| Tata SteelFerrous Metals | 2.11% | 0.43% |
| Grasim IndustriesCement & Cement Products | 0.98% | 0.35% |
| NHPCPower | 2.04% | 0.27% |
| GAIL (India)Gas | 2.11% | 0.07% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.