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25 of 124 unique stocks in common · Jaccard: 20.2%
A weighted portfolio overlap of 27.15% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.15 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.61% in ICICI Prudential Innovation Fund and 8.72% in ICICI Prudential Large Cap Fund. Holding both schemes increases your concentration in ICICI 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 Innovation | in ICICI Prudential Large |
|---|---|---|
| ICICI BankBanks | 4.61% | 8.72% |
| Maruti Suzuki IndiaAutomobiles | 4.61% | 3.55% |
| Axis BankBanks | 3.06% | 4.67% |
| NTPCPower | 2.07% | 2.38% |
| Bharti AirtelTelecom - Services | 2.02% | 4.34% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.67% | 2.65% |
| Larsen & ToubroConstruction | 1.34% | 5.38% |
| Hindustan AeronauticsAerospace & Defense | 1.83% | 1.11% |
| Cummins IndiaIndustrial Products | 1.26% | 0.91% |
| Oil & Natural Gas CorporationOil | 0.88% | 1.25% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 2.26% | 0.87% |
| Hyundai Motor IndiaAutomobiles | 0.70% | 0.95% |
| Max Healthcare InstituteHealthcare Services | 1.45% | 0.59% |
| EternalRetailing | 2.54% | 0.54% |
| Info Edge (India)Retailing | 1.89% | 0.51% |
| TVS Motor CompanyAutomobiles | 2.63% | 0.49% |
| SwiggyRetailing | 1.99% | 0.42% |
| ITC HotelsLeisure Services | 0.44% | 0.38% |
| Tata Motors Passenger VehiclesAutomobiles | 2.18% | 0.36% |
| Godrej Consumer ProductsPersonal Products | 1.49% | 0.33% |
| Container Corporation of IndiaTransport Services | 0.78% | 0.24% |
| Supreme IndustriesIndustrial Products | 1.19% | 0.21% |
| Oil IndiaOil | 1.79% | 0.15% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.41% | 0.08% |
| Hexaware TechnologiesIT - Software | 2.01% | 0.07% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.