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13 of 47 unique stocks in common · Jaccard: 27.7%
A weighted portfolio overlap of 35.22% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.22 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.00% in ICICI Prudential Equity Minimum Variance Fund and 7.54% in ICICI Prudential Long Term Wealth Enhancement Fund. Holding both schemes increases your concentration in HDFC Bank 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 Long |
|---|---|---|
| HDFC BankBanks | 7.00% | 7.54% |
| Reliance IndustriesPetroleum Products | 9.53% | 5.34% |
| ICICI BankBanks | 4.72% | 7.33% |
| InfosysIT - Software | 5.56% | 4.11% |
| State Bank of IndiaBanks | 6.59% | 2.64% |
| Axis BankBanks | 4.67% | 2.31% |
| HCL TechnologiesIT - Software | 2.18% | 2.09% |
| Britannia IndustriesFood Products | 2.49% | 1.94% |
| InterGlobe AviationTransport Services | 1.51% | 1.81% |
| Tata Consultancy ServicesIT - Software | 2.67% | 1.26% |
| Bharti AirtelTelecom - Services | 1.25% | 4.91% |
| TVS Motor CompanyAutomobiles | 0.57% | 9.41% |
| Avenue SupermartsRetailing | 0.49% | 5.64% |
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.