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6 of 110 unique stocks in common · Jaccard: 5.5%
A weighted portfolio overlap of 4.9% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.9 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 8.45% in ICICI Prudential Children’s Fund and 2.83% in quant Multi Cap Fund. Holding both schemes increases your concentration in Reliance Industries 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 quant |
|---|---|---|
| Reliance IndustriesPetroleum Products | 8.45% | 2.83% |
| Gujarat State Fertilizers and ChemicalsFertilizers & Agrochemicals | 0.64% | 1.28% |
| Samvardhana Motherson InternationalAuto Components | 0.63% | 3.32% |
| Tata ChemicalsChemicals & Petrochemicals | 1.02% | 0.40% |
| Century EnkaTextiles & Apparels | 0.28% | 1.09% |
| Aditya Birla Lifestyle BrandsRetailing | 0.12% | 1.37% |
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.