How much do ICICI Prudential Business Cycle Fund and Nippon India Innovation Fund overlap?

They share 11 common holdings, a weighted portfolio overlap of about 15.02% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.

What does 15.02% 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 Business Cycle Fund vs Nippon India Innovation Fund

ICICI Pru MF · Sectoral / ThematicNippon India MF · Sectoral / Thematic· as on May 2026

Weighted portfolio overlap

15.02%

Low overlap

Common

Only ICICI

Only Nippon

11 of 103 unique stocks in common · Jaccard: 10.7%

Common holdings

Stock	in ICICI	in Nippon
ICICI BankBanks	7.17%	3.36%
Axis BankBanks	3.41%	3.33%
HDFC BankBanks	9.24%	3.14%
Hero MotoCorpAutomobiles	2.07%	2.05%
SiemensElectrical Equipment	0.89%	2.41%
ICICI Lombard General Insurance CompanyInsurance	0.71%	1.89%
Hindustan UnileverDiversified FMCG	0.51%	0.77%
Timken IndiaIndustrial Products	0.35%	2.29%
Honeywell Automation IndiaIndustrial Manufacturing	0.29%	3.87%
Affle (India)IT - Services	0.28%	3.09%
Tata Motors Passenger VehiclesAutomobiles	0.11%	1.73%

FAQ

How much do ICICI Prudential Business Cycle Fund and Nippon India Innovation Fund overlap?: They share 11 common holdings, a weighted portfolio overlap of about 15.02% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.
What does 15.02% 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.