Loading fund overlap…
42 of 115 unique stocks in common · Jaccard: 36.5%
A weighted portfolio overlap of 65.74% indicates a significant overlap (largely the same bets). This means that out of every ₹100 you invest across these two schemes, approximately ₹65.74 is allocated to the exact same companies at the same relative proportions. The schemes share 42 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 8.46% in ICICI Prudential Large Cap 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 Large |
|---|---|---|
| HDFC BankBanks | 9.24% | 8.46% |
| ICICI BankBanks | 7.17% | 8.72% |
| Reliance IndustriesPetroleum Products | 5.46% | 5.41% |
| Larsen & ToubroConstruction | 7.12% | 5.38% |
| Maruti Suzuki IndiaAutomobiles | 4.09% | 3.55% |
| Axis BankBanks | 3.41% | 4.67% |
| Bharti AirtelTelecom - Services | 3.12% | 4.34% |
| Ultratech CementCement & Cement Products | 2.89% | 2.69% |
| NTPCPower | 2.83% | 2.38% |
| Asian PaintsConsumer Durables | 2.24% | 2.02% |
| Mahindra & MahindraAutomobiles | 1.83% | 2.34% |
| InterGlobe AviationTransport Services | 1.73% | 1.83% |
| Hero MotoCorpAutomobiles | 2.07% | 1.59% |
| DLFRealty | 2.68% | 1.32% |
| Kotak Mahindra BankBanks | 3.30% | 1.21% |
| HDFC Life Insurance CompanyInsurance | 2.89% | 1.16% |
| Hindustan AeronauticsAerospace & Defense | 1.47% | 1.11% |
| SBI Life Insurance CompanyInsurance | 1.71% | 1.09% |
| ICICI Prudential Life Insurance CompanyInsurance | 1.09% | 1.08% |
| Hyundai Motor IndiaAutomobiles | 1.84% | 0.95% |
| Cummins IndiaIndustrial Products | 1.20% | 0.91% |
| Oil & Natural Gas CorporationOil | 0.80% | 1.25% |
| SiemensElectrical Equipment | 0.89% | 0.77% |
| Shree CementCement & Cement Products | 1.10% | 0.77% |
| HDFC Asset Management CompanyCapital Markets | 0.74% | 0.69% |
| TrentRetailing | 0.68% | 0.68% |
| Page IndustriesTextiles & Apparels | 0.99% | 0.62% |
| Hindustan UnileverDiversified FMCG | 0.51% | 0.83% |
| Info Edge (India)Retailing | 0.96% | 0.51% |
| ICICI Lombard General Insurance CompanyInsurance | 0.71% | 0.40% |
| ABB IndiaElectrical Equipment | 0.73% | 0.36% |
| SwiggyRetailing | 0.34% | 0.42% |
| Godrej Consumer ProductsPersonal Products | 0.46% | 0.33% |
| Britannia IndustriesFood Products | 0.31% | 0.91% |
| NHPCPower | 0.63% | 0.27% |
| Supreme IndustriesIndustrial Products | 0.28% | 0.21% |
| Bajaj AutoAutomobiles | 1.17% | 0.17% |
| Oil IndiaOil | 0.51% | 0.15% |
| Tata Motors Passenger VehiclesAutomobiles | 0.11% | 0.36% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.11% | 0.68% |
| GAIL (India)Gas | 0.07% | 0.07% |
| Gujarat Pipavav PortTransport Infrastructure | 0.58% | 0.02% |
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.