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32 of 142 unique stocks in common · Jaccard: 22.5%
A weighted portfolio overlap of 14.84% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.84 is allocated to the exact same companies at the same relative proportions. The schemes share 32 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 1.43% in ICICI Prudential Conservative Hybrid Fund and 5.59% in ICICI Prudential Multi Asset Allocation 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 Prudential Conservative | in ICICI Prudential Multi |
|---|---|---|
| HDFC BankBanks | 1.43% | 5.59% |
| ICICI BankBanks | 1.41% | 3.76% |
| Axis BankBanks | 1.08% | 2.38% |
| NTPCPower | 0.91% | 1.37% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.82% | 1.06% |
| Bharti AirtelTelecom - Services | 0.77% | 1.11% |
| Hindustan UnileverDiversified FMCG | 0.75% | 1.51% |
| Reliance IndustriesPetroleum Products | 0.74% | 3.26% |
| Kotak Mahindra BankBanks | 0.63% | 1.30% |
| Maruti Suzuki IndiaAutomobiles | 0.58% | 1.49% |
| HDFC Life Insurance CompanyInsurance | 0.71% | 0.57% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.52% | 0.75% |
| InfosysIT - Software | 0.49% | 1.72% |
| SBI Life Insurance CompanyInsurance | 0.92% | 0.45% |
| Mahindra & MahindraAutomobiles | 0.72% | 0.43% |
| ICICI Lombard General Insurance CompanyInsurance | 0.73% | 0.42% |
| UPLFertilizers & Agrochemicals | 0.44% | 0.30% |
| Britannia IndustriesFood Products | 0.87% | 0.29% |
| Hyundai Motor IndiaAutomobiles | 0.28% | 0.65% |
| V-Guard IndustriesConsumer Durables | 0.27% | 0.26% |
| Indiamart IntermeshRetailing | 0.32% | 0.26% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.24% | 0.44% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.90% | 0.21% |
| BioconPharmaceuticals & Biotechnology | 0.36% | 0.21% |
| Shree CementCement & Cement Products | 0.19% | 0.90% |
| Tata Motors Passenger VehiclesAutomobiles | 0.17% | 0.60% |
| CIE Automotive IndiaAuto Components | 0.15% | 0.30% |
| Aditya Birla Lifestyle BrandsRetailing | 0.53% | 0.14% |
| PVR INOXEntertainment | 0.28% | 0.05% |
| DLFRealty | 0.33% | 0.05% |
| Chemplast SanmarChemicals & Petrochemicals | 0.25% | 0.03% |
| Hindustan Petroleum CorporationPetroleum Products | 0.02% | 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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.