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8 of 120 unique stocks in common · Jaccard: 6.7%
A weighted portfolio overlap of 4.53% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.53 is allocated to the exact same companies at the same relative proportions. The schemes share 8 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 2.69% in ICICI Prudential Large Cap 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 Large |
|---|---|---|
| Ultratech CementCement & Cement Products | 4.21% | 2.69% |
| Bharat Petroleum CorporationPetroleum Products | 0.60% | 0.60% |
| Tata SteelFerrous Metals | 2.34% | 0.43% |
| VedantaDiversified Metals | 4.06% | 0.29% |
| Malco EnergyOil | 1.39% | 0.13% |
| Talwandi Sabo PowerPower | 1.39% | 0.13% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.39% | 0.13% |
| Vedanta Iron And SteelFerrous Metals | 1.39% | 0.13% |
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.