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15 of 149 unique stocks in common · Jaccard: 10.1%
A weighted portfolio overlap of 16.45% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.45 is allocated to the exact same companies at the same relative proportions. The schemes share 15 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 4.14% in ICICI Prudential Retirement Fund - Pure Equity Plan. 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 Retirement |
|---|---|---|
| Reliance IndustriesPetroleum Products | 9.24% | 4.14% |
| Siemens Energy IndiaElectrical Equipment | 2.32% | 1.97% |
| HDFC BankBanks | 1.80% | 5.74% |
| ABB IndiaElectrical Equipment | 1.23% | 2.26% |
| Triveni TurbineElectrical Equipment | 2.81% | 1.23% |
| Apar IndustriesElectrical Equipment | 1.00% | 1.86% |
| NTPCPower | 7.45% | 0.94% |
| Emmvee Photovoltaic PowerElectrical Equipment | 2.53% | 0.93% |
| ICICI BankBanks | 0.70% | 2.38% |
| ThermaxElectrical Equipment | 1.05% | 0.62% |
| Cummins IndiaIndustrial Products | 0.87% | 0.53% |
| SiemensElectrical Equipment | 0.67% | 0.45% |
| Larsen & ToubroConstruction | 0.42% | 2.06% |
| KSBIndustrial Products | 0.33% | 0.25% |
| Ratnamani Metals & TubesIndustrial Products | 1.08% | 0.23% |
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.