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9 of 93 unique stocks in common · Jaccard: 9.7%
A weighted portfolio overlap of 11.53% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.53 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is SBI Life Insurance Company, which commands a weight of 2.79% in ICICI Prudential India Opportunities Fund and 4.63% in . Holding both schemes increases your concentration in SBI Life Insurance Company 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 |
|---|---|---|
| SBI Life Insurance CompanyInsurance | 2.79% | 4.63% |
| HDFC Life Insurance CompanyInsurance | 2.45% | 3.45% |
| ICICI Lombard General Insurance CompanyInsurance | 2.44% | 2.24% |
| Life Insurance Corporation Of IndiaInsurance | 4.25% | 1.24% |
| SBI Cards & Payment ServicesFinance | 1.28% | 1.13% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.81% | 1.18% |
| LIC Housing FinanceFinance | 0.35% | 0.94% |
| PB FintechFinancial Technology (Fintech) | 0.27% | 4.03% |
| Bajaj FinservFinance | 0.25% | 6.66% |
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.