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8 of 90 unique stocks in common · Jaccard: 8.9%
A weighted portfolio overlap of 11.09% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.09 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Axis Bank, which commands a weight of 5.16% in ICICI Prudential India Opportunities Fund and 3.01% in . Holding both schemes increases your concentration in Axis 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 | in |
|---|---|---|
| Axis BankBanks | 5.16% | 3.01% |
| Larsen & ToubroConstruction | 2.95% | 2.88% |
| Kotak Mahindra BankBanks | 2.02% | 3.45% |
| Bharti AirtelTelecom - Services | 2.88% | 1.49% |
| IndusInd BankBanks | 0.51% | 3.45% |
| Jindal SteelFerrous Metals | 0.50% | 1.68% |
| Titan CompanyConsumer Durables | 0.34% | 2.23% |
| EternalRetailing | 0.33% | 3.49% |
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.