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21 of 154 unique stocks in common · Jaccard: 13.6%
A weighted portfolio overlap of 20.35% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.35 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.59% in ICICI Prudential Housing Opportunities Fund and 5.74% in ICICI Prudential Multi-Asset 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 Housing | in ICICI Prudential Multi-Asset |
|---|---|---|
| HDFC BankBanks | 6.59% | 5.74% |
| ICICI BankBanks | 5.97% | 3.18% |
| Axis BankBanks | 1.69% | 2.46% |
| Larsen & ToubroConstruction | 7.56% | 1.48% |
| NTPCPower | 7.96% | 1.48% |
| Kotak Mahindra BankBanks | 0.93% | 1.02% |
| Oberoi RealtyRealty | 3.89% | 0.91% |
| Shree CementCement & Cement Products | 4.06% | 0.90% |
| IndusInd BankBanks | 0.65% | 1.26% |
| Kalpataru Projects InternationalConstruction | 1.11% | 0.42% |
| LIC Housing FinanceFinance | 1.13% | 0.41% |
| Grasim IndustriesCement & Cement Products | 1.58% | 0.39% |
| Asian PaintsConsumer Durables | 5.84% | 0.37% |
| Tata SteelFerrous Metals | 4.90% | 0.35% |
| State Bank of IndiaBanks | 2.36% | 0.34% |
| Brigade EnterprisesRealty | 2.24% | 0.33% |
| V-Guard IndustriesConsumer Durables | 0.87% | 0.27% |
| Ambuja CementsCement & Cement Products | 1.71% | 0.17% |
| Pidilite IndustriesChemicals & Petrochemicals | 0.78% | 0.17% |
| JSW SteelFerrous Metals | 1.89% | 0.11% |
| Whirlpool of IndiaConsumer Durables | 0.25% | 0.05% |
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.