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17 of 75 unique stocks in common · Jaccard: 22.7%
A weighted portfolio overlap of 25.76% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.76 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 Ultratech Cement, which commands a weight of 4.21% in ICICI Prudential Commodities Fund and 6.59% in ICICI Prudential Conglomerate Fund. Holding both schemes increases your concentration in Ultratech Cement 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 Commodities | in ICICI Prudential Conglomerate |
|---|---|---|
| Ultratech CementCement & Cement Products | 4.21% | 6.59% |
| JSW SteelFerrous Metals | 6.98% | 3.80% |
| Jindal SteelFerrous Metals | 7.83% | 2.88% |
| APL Apollo TubesIndustrial Products | 2.47% | 4.07% |
| Jindal StainlessFerrous Metals | 4.45% | 2.42% |
| Ambuja CementsCement & Cement Products | 2.37% | 3.45% |
| Tata SteelFerrous Metals | 2.34% | 2.16% |
| VedantaDiversified Metals | 4.06% | 1.51% |
| Aarti IndustriesChemicals & Petrochemicals | 2.95% | 0.83% |
| Deepak NitriteChemicals & Petrochemicals | 1.46% | 0.60% |
| Malco EnergyOil | 1.39% | 0.52% |
| Talwandi Sabo PowerPower | 1.39% | 0.52% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.39% | 0.52% |
| Vedanta Iron And SteelFerrous Metals | 1.39% | 0.52% |
| Gujarat FluorochemicalsChemicals & Petrochemicals | 0.36% | 0.20% |
| Deepak Fertilizers and Petrochemicals CorporationChemicals & Petrochemicals | 1.82% | 0.17% |
| Hindalco IndustriesNon - Ferrous Metals | 5.29% | 0.07% |
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.