How much do ICICI Prudential Arbitrage Fund and NJ Arbitrage Fund overlap?

They share 41 common holdings, a weighted portfolio overlap of about 23.88% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.

What does 23.88% 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

ICICI Prudential Arbitrage Fund vs NJ Arbitrage Fund

ICICI Pru MF · ArbitrageNJ MF · Arbitrage· as on May 2026

Weighted portfolio overlap

23.88%

Moderate overlap

Common

107

Only ICICI

Only NJ

41 of 151 unique stocks in common · Jaccard: 27.2%

Common holdings

Stock	in ICICI	in NJ
HDFC BankBanks	3.90%	6.95%
Reliance IndustriesPetroleum Products	3.50%	7.73%
State Bank of IndiaBanks	2.95%	3.77%
Bharti AirtelTelecom - Services	5.15%	2.90%
Axis BankBanks	0.99%	2.13%
Punjab National BankBanks	0.71%	4.16%
Adani EnterprisesMetals & Minerals Trading	0.62%	4.17%
Larsen & ToubroConstruction	0.53%	0.80%
Tata Motors Passenger VehiclesAutomobiles	0.53%	1.93%
Indus TowersTelecom - Services	0.50%	1.92%
Bandhan BankBanks	0.77%	0.45%
Jio Financial ServicesFinance	1.47%	0.43%
Ambuja CementsCement & Cement Products	0.42%	0.83%
ICICI BankBanks	0.39%	1.09%
DLFRealty	0.58%	0.38%
NMDCMinerals & Mining	0.97%	0.38%
Bank of BarodaBanks	0.37%	7.61%
CiplaPharmaceuticals & Biotechnology	0.42%	0.35%
Titan CompanyConsumer Durables	0.35%	1.32%
Bajaj FinanceFinance	0.32%	3.79%
Tata Power CompanyPower	0.24%	2.64%
Grasim IndustriesCement & Cement Products	0.97%	0.23%
GMR AirportsTransport Infrastructure	0.23%	0.56%
BioconPharmaceuticals & Biotechnology	0.22%	2.78%
Hindustan UnileverDiversified FMCG	0.22%	0.62%
Hindalco IndustriesNon - Ferrous Metals	0.21%	0.55%
Aditya Birla CapitalFinance	0.20%	0.58%
Hindustan AeronauticsAerospace & Defense	0.20%	1.78%
United SpiritsBeverages	0.16%	4.28%
HDFC Life Insurance CompanyInsurance	0.76%	0.16%
Bajaj FinservFinance	1.09%	0.14%
Godrej PropertiesRealty	0.13%	1.11%
CG Power and Industrial SolutionsElectrical Equipment	0.24%	0.11%
Canara BankBanks	0.95%	0.10%
ITCDiversified FMCG	1.17%	0.10%
Yes BankBanks	0.53%	0.09%
Bharat ElectronicsAerospace & Defense	1.35%	0.04%
Solar Industries IndiaChemicals & Petrochemicals	0.23%	0.04%
JSW EnergyPower	0.03%	0.09%
Bharat Heavy ElectricalsElectrical Equipment	1.68%	0.02%
SRFChemicals & Petrochemicals	0.02%	0.53%

FAQ

How much do ICICI Prudential Arbitrage Fund and NJ Arbitrage Fund overlap?: They share 41 common holdings, a weighted portfolio overlap of about 23.88% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.
What does 23.88% 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.