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24 of 114 unique stocks in common · Jaccard: 21.1%
A weighted portfolio overlap of 26.35% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.35 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is Sagility, which commands a weight of 2.80% in ICICI Prudential Innovation Fund and 2.57% in ICICI Prudential Technology Fund. Holding both schemes increases your concentration in Sagility 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 Technology |
|---|---|---|
| SagilityIT - Services | 2.80% | 2.57% |
| EternalRetailing | 3.84% | 2.35% |
| Bharti HexacomTelecom - Services | 2.78% | 2.21% |
| SwiggyRetailing | 2.52% | 1.87% |
| Info Edge (India)Retailing | 1.63% | 1.87% |
| MphasisIT - Software | 1.62% | 4.53% |
| Hexaware TechnologiesIT - Software | 1.79% | 1.49% |
| Bharti AirtelTelecom - Services | 1.48% | 11.44% |
| CoforgeIT - Software | 1.16% | 4.30% |
| Rate Gain Travel TechnologiesIT - Software | 1.09% | 1.24% |
| Hindustan AeronauticsAerospace & Defense | 1.61% | 1.04% |
| Computer Age Management ServicesCapital Markets | 1.40% | 1.03% |
| Multi Commodity Exchange Of IndiaCapital Markets | 1.78% | 0.91% |
| IndegeneHealthcare Services | 1.10% | 0.83% |
| PhysicswallahOther Consumer Services | 1.28% | 0.79% |
| Amagi Media LabsIT - Services | 0.78% | 0.95% |
| Angel OneCapital Markets | 1.17% | 0.74% |
| Zensar TechnologiesIT - Software | 0.88% | 0.62% |
| Netweb Technologies IndiaIT - Services | 0.57% | 1.03% |
| BlackbuckTransport Services | 1.25% | 0.43% |
| Brainbees SolutionsRetailing | 0.38% | 0.44% |
| PB FintechFinancial Technology (Fintech) | 0.35% | 1.02% |
| Wework India ManagementCommercial Services & Supplies | 0.21% | 1.07% |
| Capillary Technologies IndiaIT - Software | 1.75% | 0.18% |
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.