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20 of 91 unique stocks in common · Jaccard: 22%
A weighted portfolio overlap of 32.86% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.86 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 4.34% in ICICI Prudential Large Cap Fund and 4.17% in Nippon India Nifty Alpha Low Volatility30IndexFund. Holding both schemes increases your concentration in Bharti Airtel 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 Nippon |
|---|---|---|
| Bharti AirtelTelecom - Services | 4.34% | 4.17% |
| ICICI BankBanks | 8.72% | 3.99% |
| Larsen & ToubroConstruction | 5.38% | 3.60% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 4.30% |
| Axis BankBanks | 4.67% | 2.85% |
| Ultratech CementCement & Cement Products | 2.69% | 3.07% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.65% | 4.25% |
| NTPCPower | 2.38% | 3.90% |
| Oil & Natural Gas CorporationOil | 1.25% | 3.81% |
| ITCDiversified FMCG | 0.94% | 3.20% |
| Britannia IndustriesFood Products | 0.91% | 2.93% |
| Cummins IndiaIndustrial Products | 0.91% | 3.35% |
| SiemensElectrical Equipment | 0.77% | 3.01% |
| TVS Motor CompanyAutomobiles | 0.49% | 3.30% |
| Titan CompanyConsumer Durables | 0.43% | 3.15% |
| Zydus LifesciencesPharmaceuticals & Biotechnology | 0.40% | 2.82% |
| Grasim IndustriesCement & Cement Products | 0.35% | 3.40% |
| Godrej Consumer ProductsPersonal Products | 0.33% | 2.85% |
| Bajaj AutoAutomobiles | 0.17% | 4.53% |
| Indian Oil CorporationPetroleum Products | 0.02% | 3.62% |
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.