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22 of 83 unique stocks in common · Jaccard: 26.5%
A weighted portfolio overlap of 43.45% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.45 is allocated to the exact same companies at the same relative proportions. The schemes share 22 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 5.56% in ICICI Prudential Equity Minimum Variance Fund and 7.11% in ICICI Prudential Exports and Services Fund. Holding both schemes increases your concentration in Infosys 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 Equity | in ICICI Prudential Exports |
|---|---|---|
| InfosysIT - Software | 5.56% | 7.11% |
| HDFC BankBanks | 7.00% | 5.19% |
| ICICI BankBanks | 4.72% | 5.73% |
| Reliance IndustriesPetroleum Products | 9.53% | 3.80% |
| Larsen & ToubroConstruction | 3.14% | 3.91% |
| State Bank of IndiaBanks | 6.59% | 2.21% |
| NTPCPower | 1.98% | 3.22% |
| Life Insurance Corporation of IndiaInsurance | 1.69% | 1.70% |
| Bajaj FinservFinance | 4.47% | 1.66% |
| Axis BankBanks | 4.67% | 1.65% |
| Bajaj AutoAutomobiles | 3.58% | 1.63% |
| InterGlobe AviationTransport Services | 1.51% | 1.87% |
| HCL TechnologiesIT - Software | 2.18% | 1.44% |
| Bharti AirtelTelecom - Services | 1.25% | 2.08% |
| Kotak Mahindra BankBanks | 5.32% | 1.11% |
| HDFC Life Insurance CompanyInsurance | 2.15% | 1.10% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 1.78% | 0.88% |
| Tata Consultancy ServicesIT - Software | 2.67% | 0.73% |
| Apollo Hospitals EnterpriseHealthcare Services | 3.25% | 0.67% |
| TVS Motor CompanyAutomobiles | 0.57% | 1.08% |
| Avenue SupermartsRetailing | 0.49% | 1.58% |
| Bajaj Holdings & InvestmentFinance | 1.04% | 0.47% |
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.