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20 of 129 unique stocks in common · Jaccard: 15.5%
A weighted portfolio overlap of 22.86% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.86 is allocated to the exact same companies at the same relative proportions. The schemes share 20 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 5.74% in ICICI Prudential Retirement Fund - Pure Equity Plan. 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 Retirement |
|---|---|---|
| HDFC BankBanks | 6.19% | 5.74% |
| ICICI BankBanks | 6.89% | 2.38% |
| Reliance IndustriesPetroleum Products | 1.93% | 4.14% |
| Bharti AirtelTelecom - Services | 3.75% | 1.86% |
| Avenue SupermartsRetailing | 3.13% | 1.70% |
| Britannia IndustriesFood Products | 1.32% | 2.47% |
| Ambuja CementsCement & Cement Products | 1.04% | 1.16% |
| Hindustan UnileverDiversified FMCG | 1.01% | 3.34% |
| InterGlobe AviationTransport Services | 1.56% | 0.95% |
| Tech MahindraIT - Software | 0.93% | 1.68% |
| PI IndustriesFertilizers & Agrochemicals | 1.07% | 0.69% |
| InfosysIT - Software | 2.71% | 0.66% |
| Godrej PropertiesRealty | 0.90% | 0.56% |
| FDCPharmaceuticals & Biotechnology | 2.02% | 0.49% |
| Astrazeneca Pharma IndiaPharmaceuticals & Biotechnology | 0.61% | 0.36% |
| UTI Asset Management CompanyCapital Markets | 0.58% | 0.33% |
| IndusInd BankBanks | 0.67% | 0.24% |
| Rainbow Childrens MedicareHealthcare Services | 1.27% | 0.23% |
| Divgi Torqtransfer SystemsAuto Components | 1.37% | 0.23% |
| UPLFertilizers & Agrochemicals | 0.22% | 1.52% |
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.