Loading fund overlap…
13 of 92 unique stocks in common · Jaccard: 14.1%
A weighted portfolio overlap of 34.26% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹34.26 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 13.32% in ICICI Prudential Banking & Financial Services Fund and 9.12% in ICICI Prudential Value Fund. Holding both schemes increases your concentration in HDFC 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 ICICI Prudential Banking | in ICICI Prudential Value |
|---|---|---|
| HDFC BankBanks | 13.32% | 9.12% |
| ICICI BankBanks | 12.95% | 9.03% |
| Axis BankBanks | 8.76% | 2.99% |
| SBI Life Insurance CompanyInsurance | 3.78% | 2.42% |
| HDFC Life Insurance CompanyInsurance | 2.32% | 2.07% |
| State Bank of IndiaBanks | 5.88% | 1.96% |
| Kotak Mahindra BankBanks | 7.22% | 1.73% |
| Bajaj FinservFinance | 1.91% | 1.59% |
| LIC Housing FinanceFinance | 3.41% | 1.10% |
| ICICI Lombard General Insurance CompanyInsurance | 3.00% | 1.05% |
| Central Bank of IndiaBanks | 0.95% | 0.48% |
| HDB Financial ServicesFinance | 2.35% | 0.41% |
| Life Insurance Corporation of IndiaInsurance | 0.31% | 1.28% |
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.