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16 of 80 unique stocks in common · Jaccard: 20%
A weighted portfolio overlap of 36.82% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.82 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.56% in ICICI Prudential India Opportunities Fund and 6.69% 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 India | in ICICI Prudential Long |
|---|---|---|
| HDFC BankBanks | 8.56% | 6.69% |
| ICICI BankBanks | 5.87% | 7.91% |
| InfosysIT - Software | 4.89% | 4.21% |
| Axis BankBanks | 5.16% | 3.56% |
| Reliance IndustriesPetroleum Products | 3.53% | 4.81% |
| Bharti AirtelTelecom - Services | 2.88% | 4.53% |
| Mahindra & MahindraAutomobiles | 2.49% | 1.89% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.88% | 3.61% |
| Britannia IndustriesFood Products | 2.04% | 1.82% |
| Interglobe AviationTransport Services | 1.77% | 2.01% |
| Avenue SupermartsRetailing | 0.93% | 5.06% |
| TrentRetailing | 0.85% | 3.75% |
| State Bank of IndiaBanks | 0.34% | 2.70% |
| EternalRetailing | 0.33% | 5.38% |
| Maruti Suzuki IndiaAutomobiles | 0.21% | 8.29% |
| Red TapeConsumer Durables | 0.06% | 4.22% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.