Loading fund overlap…
5 of 82 unique stocks in common · Jaccard: 6.1%
A weighted portfolio overlap of 5.69% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.69 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 3.53% in ICICI Prudential India Opportunities Fund and 32.46% in . Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 3.53% | 32.46% |
| Oil & Natural Gas CorporationOil | 0.77% | 14.79% |
| Oil IndiaOil | 0.52% | 4.33% |
| Bharat Petroleum CorporationPetroleum Products | 0.47% | 10.79% |
| Indian Oil CorporationPetroleum Products | 0.40% | 8.54% |
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.