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5 of 119 unique stocks in common · Jaccard: 4.2%
A weighted portfolio overlap of 2.1% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹2.1 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is Adani Energy Solutions, which commands a weight of 1.23% in ICICI Prudential Energy Opportunities Fund and 0.89% in Tata Digital India Fund. Holding both schemes increases your concentration in Adani Energy Solutions 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 | in Tata |
|---|---|---|
| Adani Energy SolutionsPower | 1.23% | 0.89% |
| Cummins IndiaIndustrial Products | 3.43% | 0.55% |
| GE Vernova T&D IndiaElectrical Equipment | 1.41% | 0.31% |
| ABB IndiaElectrical Equipment | 1.98% | 0.26% |
| Siemens Energy IndiaElectrical Equipment | 1.37% | 0.09% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.