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17 of 104 unique stocks in common · Jaccard: 16.3%
A weighted portfolio overlap of 23.92% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.92 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 ICICI Bank, which commands a weight of 4.55% in Franklin India Large & Mid Cap Fund ^ and 6.63% in ICICI Prudential Quality 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% | 6.63% |
| HDFC BankBanks | 2.86% | 3.57% |
| Mahindra & MahindraAutomobiles | 3.09% | 2.50% |
| InfosysIT - Software | 2.07% | 3.78% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 2.59% | 1.91% |
| Ultratech CementCement & Cement Products | 1.60% | 1.77% |
| ICICI Lombard General Insurance CompanyInsurance | 1.46% | 1.41% |
| EternalRetailing | 4.00% | 1.26% |
| State Bank of IndiaBanks | 2.22% | 1.24% |
| 360 One WamCapital Markets | 1.60% | 1.09% |
| InterGlobe AviationTransport Services | 0.99% | 1.82% |
| Brigade EnterprisesRealty | 1.28% | 0.57% |
| Hindalco IndustriesNon - Ferrous Metals | 1.90% | 0.53% |
| Max Healthcare InstituteHealthcare Services | 1.18% | 0.52% |
| Power Grid Corporation of IndiaPower | 0.95% | 0.39% |
| Blue StarConsumer Durables | 0.26% | 0.37% |
| Aadhar Housing FinanceFinance | 1.57% | 0.19% |
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.