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17 of 85 unique stocks in common · Jaccard: 20%
A weighted portfolio overlap of 38.92% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹38.92 is allocated to the exact same companies at the same relative proportions. The schemes share 17 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 15.86% in . 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 | in |
|---|---|---|
| HDFC BankBanks | 8.56% | 15.86% |
| ICICI BankBanks | 5.87% | 15.22% |
| Axis BankBanks | 5.16% | 5.46% |
| InfosysIT - Software | 4.89% | 5.81% |
| Bharti AirtelTelecom - Services | 2.88% | 8.05% |
| Kotak Mahindra BankBanks | 2.02% | 4.51% |
| Interglobe AviationTransport Services | 1.77% | 1.73% |
| NTPCPower | 1.72% | 2.27% |
| SBI Life Insurance CompanyInsurance | 2.79% | 1.14% |
| Tata Consultancy ServicesIT - Software | 1.00% | 3.58% |
| Avenue SupermartsRetailing | 0.93% | 0.92% |
| HDFC Life Insurance CompanyInsurance | 2.45% | 0.85% |
| Info Edge (India)Retailing | 2.48% | 0.73% |
| IndusInd BankBanks | 0.51% | 0.98% |
| State Bank of IndiaBanks | 0.34% | 6.40% |
| EternalRetailing | 0.33% | 3.47% |
| Bajaj FinservFinance | 0.25% | 1.71% |
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.