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30 of 140 unique stocks in common · Jaccard: 21.4%
A weighted portfolio overlap of 54.75% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹54.75 is allocated to the exact same companies at the same relative proportions. The schemes share 30 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 7.43% in ICICI Prudential ELSS Tax Saver Fund and 8.72% in ICICI Prudential Large Cap Fund. Holding both schemes increases your concentration in ICICI 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 Large |
|---|---|---|
| ICICI BankBanks | 7.43% | 8.72% |
| HDFC BankBanks | 7.09% | 8.46% |
| Reliance IndustriesPetroleum Products | 5.49% | 5.41% |
| Larsen & ToubroConstruction | 4.90% | 5.38% |
| Axis BankBanks | 6.21% | 4.67% |
| Maruti Suzuki IndiaAutomobiles | 3.58% | 3.55% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 5.50% | 2.65% |
| Bharti AirtelTelecom - Services | 2.51% | 4.34% |
| NTPCPower | 3.70% | 2.38% |
| Ultratech CementCement & Cement Products | 1.93% | 2.69% |
| InfosysIT - Software | 1.85% | 3.60% |
| InterGlobe AviationTransport Services | 1.27% | 1.83% |
| SBI Life Insurance CompanyInsurance | 1.91% | 1.09% |
| State Bank of IndiaBanks | 1.48% | 1.02% |
| Avenue SupermartsRetailing | 5.16% | 0.92% |
| Hindustan UnileverDiversified FMCG | 0.83% | 0.83% |
| Oil & Natural Gas CorporationOil | 0.68% | 1.25% |
| Mahindra & MahindraAutomobiles | 0.58% | 2.34% |
| TrentRetailing | 0.55% | 0.68% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.54% | 0.68% |
| EternalRetailing | 1.58% | 0.54% |
| Hyundai Motor IndiaAutomobiles | 0.51% | 0.95% |
| TVS Motor CompanyAutomobiles | 3.86% | 0.49% |
| ITCDiversified FMCG | 0.37% | 0.94% |
| Tech MahindraIT - Software | 0.30% | 0.50% |
| DLFRealty | 0.21% | 1.32% |
| Page IndustriesTextiles & Apparels | 0.19% | 0.62% |
| Havells IndiaConsumer Durables | 0.17% | 0.28% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.11% | 1.08% |
| SwiggyRetailing | 0.05% | 0.42% |
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.