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41 of 128 unique stocks in common · Jaccard: 32%
A weighted portfolio overlap of 50.46% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹50.46 is allocated to the exact same companies at the same relative proportions. The schemes share 41 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.09% in ICICI Prudential ELSS Tax Saver Fund and 6.73% in ICICI Prudential India Opportunities 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 ELSS | in ICICI Prudential India |
|---|---|---|
| HDFC BankBanks | 7.09% | 6.73% |
| ICICI BankBanks | 7.43% | 5.33% |
| Axis BankBanks | 6.21% | 4.88% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 5.50% | 3.68% |
| Reliance IndustriesPetroleum Products | 5.49% | 3.57% |
| Larsen & ToubroConstruction | 4.90% | 3.24% |
| Bharti AirtelTelecom - Services | 2.51% | 3.06% |
| NTPCPower | 3.70% | 2.03% |
| SBI Life Insurance CompanyInsurance | 1.91% | 2.65% |
| InfosysIT - Software | 1.85% | 6.00% |
| State Bank of IndiaBanks | 1.48% | 1.63% |
| InterGlobe AviationTransport Services | 1.27% | 1.57% |
| SBI Cards and Payment ServicesFinance | 1.29% | 1.26% |
| PI IndustriesFertilizers & Agrochemicals | 1.16% | 1.50% |
| Tata Consultancy ServicesIT - Software | 1.09% | 1.74% |
| Hindustan UnileverDiversified FMCG | 0.83% | 2.01% |
| TBO TekLeisure Services | 0.82% | 0.71% |
| Oil & Natural Gas CorporationOil | 0.68% | 0.93% |
| Avenue SupermartsRetailing | 5.16% | 0.58% |
| Mahindra & MahindraAutomobiles | 0.58% | 2.43% |
| Ultratech CementCement & Cement Products | 1.93% | 0.56% |
| TrentRetailing | 0.55% | 1.20% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.54% | 2.19% |
| EternalRetailing | 1.58% | 0.50% |
| IndusInd BankBanks | 0.44% | 0.48% |
| UPLFertilizers & Agrochemicals | 0.36% | 0.78% |
| Maruti Suzuki IndiaAutomobiles | 3.58% | 0.32% |
| Star Health And Allied Insurance CompanyInsurance | 0.85% | 0.31% |
| Brainbees SolutionsRetailing | 0.25% | 0.44% |
| Aarti IndustriesChemicals & Petrochemicals | 0.20% | 0.54% |
| Apollo TyresAuto Components | 0.17% | 0.41% |
| Sona BLW Precision ForgingsAuto Components | 0.13% | 0.58% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 0.13% | 0.73% |
| PVR INOXEntertainment | 1.25% | 0.12% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.11% | 0.74% |
| Inox WindElectrical Equipment | 1.16% | 0.10% |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | 0.60% | 0.09% |
| Red TapeConsumer Durables | 0.22% | 0.07% |
| Samvardhana Motherson InternationalAuto Components | 1.07% | 0.06% |
| PNC InfratechConstruction | 0.06% | 0.12% |
| SwiggyRetailing | 0.05% | 0.31% |
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.