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17 of 140 unique stocks in common · Jaccard: 12.1%
A weighted portfolio overlap of 23.47% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.47 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.88% in ICICI Prudential Children’s Fund and 6.53% in Nippon India Flexi 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 | in Nippon |
|---|---|---|
| HDFC BankBanks | 6.88% | 6.53% |
| Reliance IndustriesPetroleum Products | 8.45% | 3.41% |
| InfosysIT - Software | 3.30% | 3.28% |
| Axis BankBanks | 2.28% | 3.32% |
| State Bank of IndiaBanks | 3.43% | 1.85% |
| Hindustan UnileverDiversified FMCG | 1.41% | 1.13% |
| LupinPharmaceuticals & Biotechnology | 0.64% | 1.03% |
| Samvardhana Motherson InternationalAuto Components | 0.63% | 1.62% |
| ITCDiversified FMCG | 0.61% | 1.25% |
| Hero MotoCorpAutomobiles | 1.22% | 0.60% |
| InterGlobe AviationTransport Services | 0.63% | 0.57% |
| Timken IndiaIndustrial Products | 1.78% | 0.49% |
| Harsha Engineers InternationalIndustrial Products | 0.43% | 0.57% |
| CyientIT - Services | 0.71% | 0.34% |
| RHI Magnesita IndiaIndustrial Products | 0.81% | 0.33% |
| Godrej Consumer ProductsPersonal Products | 0.22% | 0.96% |
| Syngene InternationalHealthcare Services | 2.46% | 0.11% |
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.