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12 of 95 unique stocks in common · Jaccard: 12.6%
A weighted portfolio overlap of 16.7% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.7 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Maruti Suzuki India, which commands a weight of 4.03% in ICICI Prudential ESG Exclusionary Strategy Fund and 5.71% in ICICI Prudential MNC Fund. Holding both schemes increases your concentration in Maruti Suzuki India 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 MNC |
|---|---|---|
| Maruti Suzuki IndiaAutomobiles | 4.03% | 5.71% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 7.36% | 3.78% |
| Rolex RingsAuto Components | 1.36% | 1.38% |
| Britannia IndustriesFood Products | 1.32% | 5.10% |
| InfosysIT - Software | 2.71% | 1.31% |
| Tata Consultancy ServicesIT - Software | 1.22% | 1.13% |
| FDCPharmaceuticals & Biotechnology | 2.02% | 1.13% |
| PI IndustriesFertilizers & Agrochemicals | 1.07% | 1.21% |
| Hindustan UnileverDiversified FMCG | 1.01% | 7.96% |
| Astrazeneca Pharma IndiaPharmaceuticals & Biotechnology | 0.61% | 0.48% |
| Schaeffler IndiaAuto Components | 0.69% | 0.05% |
| SKF IndiaAuto Components | 0.03% | 0.53% |
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.