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23 of 141 unique stocks in common · Jaccard: 16.3%
A weighted portfolio overlap of 25.79% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.79 is allocated to the exact same companies at the same relative proportions. The schemes share 23 common holdings.
The largest overlapping asset in their portfolios is Larsen & Toubro, which commands a weight of 5.38% in ICICI Prudential Large Cap Fund and 4.43% in ICICI Prudential Manufacturing Fund. Holding both schemes increases your concentration in Larsen & Toubro 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 Large | in ICICI Prudential Manufacturing |
|---|---|---|
| Larsen & ToubroConstruction | 5.38% | 4.43% |
| Reliance IndustriesPetroleum Products | 5.41% | 2.84% |
| Ultratech CementCement & Cement Products | 2.69% | 3.05% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.65% | 3.51% |
| Mahindra & MahindraAutomobiles | 2.34% | 4.87% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 2.26% |
| Hindustan AeronauticsAerospace & Defense | 1.11% | 1.29% |
| Asian PaintsConsumer Durables | 2.02% | 1.10% |
| Hyundai Motor IndiaAutomobiles | 0.95% | 3.09% |
| Cummins IndiaIndustrial Products | 0.91% | 4.45% |
| ITCDiversified FMCG | 0.94% | 0.84% |
| SiemensElectrical Equipment | 0.77% | 2.01% |
| Shree CementCement & Cement Products | 0.77% | 1.65% |
| United SpiritsBeverages | 0.97% | 0.44% |
| Godrej Consumer ProductsPersonal Products | 0.33% | 2.01% |
| CiplaPharmaceuticals & Biotechnology | 0.33% | 0.50% |
| Supreme IndustriesIndustrial Products | 0.21% | 1.60% |
| Bajaj AutoAutomobiles | 0.17% | 3.32% |
| Malco EnergyOil | 0.13% | 0.38% |
| Talwandi Sabo PowerPower | 0.13% | 0.38% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.13% | 0.38% |
| Vedanta Iron And SteelFerrous Metals | 0.13% | 0.38% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.68% | 0.13% |
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.