Loading fund overlap…
24 of 109 unique stocks in common · Jaccard: 22%
A weighted portfolio overlap of 43.73% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.73 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.19% in ICICI Prudential ESG Exclusionary Strategy Fund and 6.73% in ICICI Prudential India Opportunities 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 ESG | in ICICI Prudential India |
|---|---|---|
| HDFC BankBanks | 6.19% | 6.73% |
| ICICI BankBanks | 6.89% | 5.33% |
| Axis BankBanks | 4.87% | 4.88% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 7.36% | 3.68% |
| Bharti AirtelTelecom - Services | 3.75% | 3.06% |
| InfosysIT - Software | 2.71% | 6.00% |
| SBI Life Insurance CompanyInsurance | 2.57% | 2.65% |
| Reliance IndustriesPetroleum Products | 1.93% | 3.57% |
| InterGlobe AviationTransport Services | 1.56% | 1.57% |
| State Bank of IndiaBanks | 1.52% | 1.63% |
| Britannia IndustriesFood Products | 1.32% | 1.81% |
| Tata CommunicationsTelecom - Services | 1.42% | 1.23% |
| Tata Consultancy ServicesIT - Software | 1.22% | 1.74% |
| ICICI Lombard General Insurance CompanyInsurance | 1.13% | 1.86% |
| PI IndustriesFertilizers & Agrochemicals | 1.07% | 1.50% |
| Hindustan UnileverDiversified FMCG | 1.01% | 2.01% |
| Tata ChemicalsChemicals & Petrochemicals | 1.36% | 0.59% |
| Avenue SupermartsRetailing | 3.13% | 0.58% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.55% | 0.74% |
| EternalRetailing | 2.67% | 0.50% |
| IndusInd BankBanks | 0.67% | 0.48% |
| Maruti Suzuki IndiaAutomobiles | 4.03% | 0.32% |
| UPLFertilizers & Agrochemicals | 0.22% | 0.78% |
| Inox WindElectrical Equipment | 2.85% | 0.10% |
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.