How much do HDFC Manufacturing Fund and ICICI Prudential Business Cycle Fund overlap?

They share 18 common holdings, a weighted portfolio overlap of about 19.74% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.

What does 19.74% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

HDFC Manufacturing Fund vs ICICI Prudential Business Cycle Fund

HDFC MF · Sectoral / ThematicICICI Pru MF · Sectoral / Thematic· as on May 2026

Weighted portfolio overlap

19.74%

Low overlap

Common

Only HDFC

Only ICICI

18 of 141 unique stocks in common · Jaccard: 12.8%

Common holdings

Stock	in HDFC	in ICICI
Reliance IndustriesPetroleum Products	5.27%	5.46%
Maruti Suzuki IndiaAutomobiles	3.63%	4.09%
Mahindra & MahindraAutomobiles	3.59%	1.83%
Hyundai Motor IndiaAutomobiles	1.56%	1.84%
Hindustan AeronauticsAerospace & Defense	2.50%	1.47%
Cummins IndiaIndustrial Products	2.53%	1.20%
Bajaj AutoAutomobiles	2.43%	1.17%
SiemensElectrical Equipment	1.25%	0.89%
ABB IndiaElectrical Equipment	0.49%	0.73%
Godrej Consumer ProductsPersonal Products	1.76%	0.46%
Siemens Energy IndiaElectrical Equipment	0.94%	0.41%
Hindustan Petroleum CorporationPetroleum Products	2.04%	0.36%
Timken IndiaIndustrial Products	1.16%	0.35%
Ambuja CementsCement & Cement Products	2.12%	0.25%
Tata Motors Passenger VehiclesAutomobiles	2.74%	0.11%
Birla CorporationCement & Cement Products	0.74%	0.11%
Tata MotorsAgricultural, Commercial & Construction Vehicles	2.57%	0.11%
Carborundum UniversalIndustrial Products	0.53%	0.07%

FAQ

How much do HDFC Manufacturing Fund and ICICI Prudential Business Cycle Fund overlap?: They share 18 common holdings, a weighted portfolio overlap of about 19.74% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.
What does 19.74% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

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.