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17 of 132 unique stocks in common · Jaccard: 12.9%
A weighted portfolio overlap of 16.92% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.92 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 9.24% in ICICI Prudential Energy Opportunities Fund and 5.41% in ICICI Prudential Large Cap Fund. Holding both schemes increases your concentration in Reliance Industries 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 Energy | in ICICI Prudential Large |
|---|---|---|
| Reliance IndustriesPetroleum Products | 9.24% | 5.41% |
| NTPCPower | 7.45% | 2.38% |
| HDFC BankBanks | 1.80% | 8.46% |
| Oil & Natural Gas CorporationOil | 6.64% | 1.25% |
| Power Grid Corporation of IndiaPower | 1.92% | 1.08% |
| Cummins IndiaIndustrial Products | 0.87% | 0.91% |
| ICICI BankBanks | 0.70% | 8.72% |
| SiemensElectrical Equipment | 0.67% | 0.77% |
| Tata Power CompanyPower | 0.65% | 0.60% |
| Bharat Petroleum CorporationPetroleum Products | 2.14% | 0.60% |
| Larsen & ToubroConstruction | 0.42% | 5.38% |
| ABB IndiaElectrical Equipment | 1.23% | 0.36% |
| Havells IndiaConsumer Durables | 0.43% | 0.28% |
| NHPCPower | 1.41% | 0.27% |
| Oil IndiaOil | 3.90% | 0.15% |
| GAIL (India)Gas | 0.74% | 0.07% |
| Indian Oil CorporationPetroleum Products | 2.23% | 0.02% |
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.