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13 of 137 unique stocks in common · Jaccard: 9.5%
A weighted portfolio overlap of 8.22% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.22 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 2.51% in ICICI Prudential ELSS Tax Saver Fund and 12.22% in ICICI Prudential Technology Fund. Holding both schemes increases your concentration in Bharti Airtel 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 Technology |
|---|---|---|
| Bharti AirtelTelecom - Services | 2.51% | 12.22% |
| InfosysIT - Software | 1.85% | 13.37% |
| EternalRetailing | 1.58% | 1.95% |
| Tata Consultancy ServicesIT - Software | 1.09% | 1.89% |
| Tech MahindraIT - Software | 0.30% | 8.48% |
| Brainbees SolutionsRetailing | 0.25% | 0.56% |
| SagilityIT - Services | 0.22% | 2.17% |
| TBO TekLeisure Services | 0.82% | 0.12% |
| Teamlease ServicesCommercial Services & Supplies | 0.10% | 0.23% |
| PVR INOXEntertainment | 1.25% | 0.08% |
| SwiggyRetailing | 0.05% | 1.75% |
| Inox IndiaIndustrial Products | 0.13% | 0.04% |
| Updater ServicesCommercial Services & Supplies | 0.17% | 0.04% |
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.