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21 of 123 unique stocks in common · Jaccard: 17.1%
A weighted portfolio overlap of 24.3% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.3 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 9.24% in ICICI Prudential Business Cycle Fund and 6.88% in ICICI Prudential Children’s 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 Business | in ICICI Prudential Children’s |
|---|---|---|
| HDFC BankBanks | 9.24% | 6.88% |
| Reliance IndustriesPetroleum Products | 5.46% | 8.45% |
| Axis BankBanks | 3.41% | 2.28% |
| Kotak Mahindra BankBanks | 3.30% | 2.18% |
| Hero MotoCorpAutomobiles | 2.07% | 1.22% |
| ICICI Prudential Life Insurance CompanyInsurance | 1.09% | 1.30% |
| InterGlobe AviationTransport Services | 1.73% | 0.63% |
| AtulChemicals & Petrochemicals | 0.61% | 4.38% |
| Hindustan UnileverDiversified FMCG | 0.51% | 1.41% |
| PI IndustriesFertilizers & Agrochemicals | 0.52% | 0.49% |
| Aarti IndustriesChemicals & Petrochemicals | 0.46% | 0.61% |
| Shree CementCement & Cement Products | 1.10% | 0.45% |
| SKF IndiaAuto Components | 0.39% | 0.54% |
| Timken IndiaIndustrial Products | 0.35% | 1.78% |
| Tata ChemicalsChemicals & Petrochemicals | 0.28% | 1.02% |
| Credit Analysis And ResearchCapital Markets | 0.24% | 1.26% |
| SKF India (Industrial)Industrial Products | 0.31% | 0.23% |
| Godrej Consumer ProductsPersonal Products | 0.46% | 0.22% |
| Automotive AxlesAuto Components | 0.12% | 0.42% |
| Can Fin HomesFinance | 0.12% | 0.35% |
| Carborundum UniversalIndustrial Products | 0.07% | 1.06% |
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.