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14 of 98 unique stocks in common · Jaccard: 14.3%
A weighted portfolio overlap of 21.65% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.65 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.55% in Franklin India Large & Mid Cap Fund ^ and 5.97% in ICICI Prudential Housing Opportunities Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 4.55% | 5.97% |
| HDFC BankBanks | 2.86% | 6.59% |
| State Bank of IndiaBanks | 2.22% | 2.36% |
| Larsen & ToubroConstruction | 1.90% | 7.56% |
| Axis BankBanks | 3.95% | 1.69% |
| Ultratech CementCement & Cement Products | 1.60% | 4.48% |
| Asian PaintsConsumer Durables | 1.58% | 5.84% |
| Brigade EnterprisesRealty | 1.28% | 2.24% |
| Oberoi RealtyRealty | 1.13% | 3.89% |
| Tata Power CompanyPower | 1.23% | 0.94% |
| Kotak Mahindra BankBanks | 2.88% | 0.93% |
| Aadhar Housing FinanceFinance | 1.57% | 0.42% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 1.39% | 0.29% |
| Blue StarConsumer Durables | 0.26% | 0.81% |
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.