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14 of 115 unique stocks in common · Jaccard: 12.2%
A weighted portfolio overlap of 13.55% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.55 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is TVS Motor Company, which commands a weight of 3.86% in ICICI Prudential ELSS Tax Saver Fund and 6.01% in ICICI Prudential Transportation and Logistics Fund. Holding both schemes increases your concentration in TVS Motor Company 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 Transportation |
|---|---|---|
| TVS Motor CompanyAutomobiles | 3.86% | 6.01% |
| Maruti Suzuki IndiaAutomobiles | 3.58% | 7.49% |
| EternalRetailing | 1.58% | 8.93% |
| InterGlobe AviationTransport Services | 1.27% | 6.51% |
| Samvardhana Motherson InternationalAuto Components | 1.07% | 3.12% |
| Mahindra & MahindraAutomobiles | 0.58% | 12.12% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.54% | 3.40% |
| Hyundai Motor IndiaAutomobiles | 0.51% | 4.30% |
| Motherson Sumi Wiring IndiaAuto Components | 0.17% | 1.22% |
| Sona BLW Precision ForgingsAuto Components | 0.13% | 2.04% |
| Varroc EngineeringAuto Components | 0.12% | 0.90% |
| Tinna Rubber And InfrastructureIndustrial Products | 0.07% | 0.25% |
| SwiggyRetailing | 0.05% | 2.34% |
| Rolex RingsAuto Components | 0.03% | 0.97% |
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.