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14 of 64 unique stocks in common · Jaccard: 21.9%
A weighted portfolio overlap of 39.12% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹39.12 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 Infosys, which commands a weight of 13.47% in Franklin India Technology Fund and 12.34% in ICICI Prudential Technology Fund. Holding both schemes increases your concentration in Infosys 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 |
|---|---|---|
| InfosysIT - Software | 13.47% | 12.34% |
| Bharti AirtelTelecom - Services | 20.73% | 11.44% |
| EternalRetailing | 7.56% | 2.35% |
| HCL TechnologiesIT - Software | 6.35% | 2.13% |
| SwiggyRetailing | 3.08% | 1.87% |
| Info Edge (India)Retailing | 2.94% | 1.87% |
| MphasisIT - Software | 1.86% | 4.53% |
| Tata Consultancy ServicesIT - Software | 5.16% | 1.26% |
| Hexaware TechnologiesIT - Software | 1.23% | 1.49% |
| PB FintechFinancial Technology (Fintech) | 5.52% | 1.02% |
| Amagi Media LabsIT - Services | 2.05% | 0.95% |
| Zensar TechnologiesIT - Software | 1.42% | 0.62% |
| PVR INOXEntertainment | 1.56% | 0.10% |
| Intellect Design ArenaIT - Software | 2.00% | 0.09% |
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.