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26 of 114 unique stocks in common · Jaccard: 22.8%
A weighted portfolio overlap of 31.78% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.78 is allocated to the exact same companies at the same relative proportions. The schemes share 26 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 8.72% in ICICI Prudential Large Cap 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% | 8.72% |
| Axis BankBanks | 3.95% | 4.67% |
| HDFC BankBanks | 2.86% | 8.46% |
| Mahindra & MahindraAutomobiles | 3.09% | 2.34% |
| InfosysIT - Software | 2.07% | 3.60% |
| Larsen & ToubroConstruction | 1.90% | 5.38% |
| Ultratech CementCement & Cement Products | 1.60% | 2.69% |
| Asian PaintsConsumer Durables | 1.58% | 2.02% |
| Bharti AirtelTelecom - Services | 1.58% | 4.34% |
| Kotak Mahindra BankBanks | 2.88% | 1.21% |
| State Bank of IndiaBanks | 2.22% | 1.02% |
| InterGlobe AviationTransport Services | 0.99% | 1.83% |
| Power Grid Corporation of IndiaPower | 0.95% | 1.08% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.38% | 0.68% |
| Tata Power CompanyPower | 1.23% | 0.60% |
| Max Healthcare InstituteHealthcare Services | 1.18% | 0.59% |
| EternalRetailing | 4.00% | 0.54% |
| Info Edge (India)Retailing | 1.69% | 0.51% |
| HCL TechnologiesIT - Software | 1.27% | 0.47% |
| SwiggyRetailing | 1.82% | 0.42% |
| ICICI Lombard General Insurance CompanyInsurance | 1.46% | 0.40% |
| ABB IndiaElectrical Equipment | 1.43% | 0.36% |
| United BreweriesBeverages | 1.47% | 0.30% |
| LupinPharmaceuticals & Biotechnology | 1.01% | 0.19% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.53% | 0.08% |
| Hexaware TechnologiesIT - Software | 1.09% | 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.