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38 of 168 unique stocks in common · Jaccard: 22.6%
A weighted portfolio overlap of 27.59% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.59 is allocated to the exact same companies at the same relative proportions. The schemes share 38 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 2.72% in ICICI Prudential Multicap 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 Multicap |
|---|---|---|
| Ultratech CementCement & Cement Products | 4.21% | 2.72% |
| Jindal SteelFerrous Metals | 7.83% | 2.60% |
| VedantaDiversified Metals | 4.06% | 2.26% |
| JSW SteelFerrous Metals | 6.98% | 1.63% |
| Paradeep PhosphatesFertilizers & Agrochemicals | 1.97% | 1.41% |
| APL Apollo TubesIndustrial Products | 2.47% | 1.39% |
| UPLFertilizers & Agrochemicals | 4.82% | 1.18% |
| Tata SteelFerrous Metals | 2.34% | 1.13% |
| Hindustan Petroleum CorporationPetroleum Products | 6.16% | 1.13% |
| Hindalco IndustriesNon - Ferrous Metals | 5.29% | 1.04% |
| SRFChemicals & Petrochemicals | 1.90% | 0.89% |
| Ambuja CementsCement & Cement Products | 2.37% | 0.85% |
| AtulChemicals & Petrochemicals | 0.90% | 0.85% |
| Malco EnergyOil | 1.39% | 0.78% |
| Talwandi Sabo PowerPower | 1.39% | 0.78% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.39% | 0.78% |
| Vedanta Iron And SteelFerrous Metals | 1.39% | 0.78% |
| Aarti IndustriesChemicals & Petrochemicals | 2.95% | 0.72% |
| Deepak NitriteChemicals & Petrochemicals | 1.46% | 0.69% |
| Bharat Petroleum CorporationPetroleum Products | 0.60% | 1.22% |
| PI IndustriesFertilizers & Agrochemicals | 0.71% | 0.47% |
| Gujarat FluorochemicalsChemicals & Petrochemicals | 0.36% | 0.40% |
| Laxmi Organic IndustriesChemicals & Petrochemicals | 0.75% | 0.35% |
| National Aluminium CompanyNon - Ferrous Metals | 3.09% | 0.33% |
| Archean Chemical IndustriesChemicals & Petrochemicals | 0.50% | 0.26% |
| Gujarat Narmada Valley Fertilizers and ChemicalsChemicals & Petrochemicals | 0.25% | 0.45% |
| Camlin Fine SciencesChemicals & Petrochemicals | 1.73% | 0.22% |
| Usha MartinIndustrial Products | 3.97% | 0.20% |
| Steel Authority of IndiaFerrous Metals | 2.49% | 0.17% |
| National Organic ChemicalChemicals & Petrochemicals | 0.35% | 0.16% |
| Fine Organic IndustriesChemicals & Petrochemicals | 0.21% | 0.15% |
| Graphite IndiaIndustrial Products | 0.55% | 0.13% |
| Deepak Fertilizers and Petrochemicals CorporationChemicals & Petrochemicals | 1.82% | 0.11% |
| Jindal StainlessFerrous Metals | 4.45% | 0.10% |
| RHI Magnesita IndiaIndustrial Products | 0.10% | 0.41% |
| Navin Fluorine InternationalChemicals & Petrochemicals | 3.01% | 0.02% |
| Thirumalai ChemicalsChemicals & Petrochemicals | 0.61% | 0.02% |
| Alkyl Amines ChemicalsChemicals & Petrochemicals | 0.06% | 0.01% |
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.