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24 of 126 unique stocks in common · Jaccard: 19%
A weighted portfolio overlap of 18.81% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.81 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is Maruti Suzuki India, which commands a weight of 4.54% in ICICI Prudential Bharat Consumption Fund and 3.58% in ICICI Prudential ELSS Tax Saver Fund. Holding both schemes increases your concentration in Maruti Suzuki India 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 Bharat | in ICICI Prudential ELSS |
|---|---|---|
| Maruti Suzuki IndiaAutomobiles | 4.54% | 3.58% |
| Bharti AirtelTelecom - Services | 7.23% | 2.51% |
| Avenue SupermartsRetailing | 2.16% | 5.16% |
| TVS Motor CompanyAutomobiles | 2.01% | 3.86% |
| EternalRetailing | 6.14% | 1.58% |
| InterGlobe AviationTransport Services | 3.92% | 1.27% |
| Hindustan UnileverDiversified FMCG | 7.29% | 0.83% |
| PVR INOXEntertainment | 0.78% | 1.25% |
| Mahindra & MahindraAutomobiles | 5.45% | 0.58% |
| TrentRetailing | 5.47% | 0.55% |
| NTPCPower | 0.54% | 3.70% |
| ITCDiversified FMCG | 4.05% | 0.37% |
| VoltasConsumer Durables | 0.46% | 0.34% |
| Arvind FashionsRetailing | 0.32% | 0.53% |
| Sapphire Foods IndiaLeisure Services | 0.26% | 0.31% |
| Red TapeConsumer Durables | 0.86% | 0.22% |
| International Gemmological Institute (India)Commercial Services & Supplies | 1.69% | 0.20% |
| Page IndustriesTextiles & Apparels | 0.85% | 0.19% |
| Jubilant FoodworksLeisure Services | 2.38% | 0.19% |
| Havells IndiaConsumer Durables | 1.99% | 0.17% |
| Westlife FoodworldLeisure Services | 0.50% | 0.10% |
| SwiggyRetailing | 0.36% | 0.05% |
| Gufic BiosciencesPharmaceuticals & Biotechnology | 0.14% | 0.02% |
| Kwality Walls IndiaFood Products | 0.21% | 0.01% |
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.