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36 of 123 unique stocks in common · Jaccard: 29.3%
A weighted portfolio overlap of 37.94% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.94 is allocated to the exact same companies at the same relative proportions. The schemes share 36 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.46% in ICICI Prudential Large Cap Fund and 5.25% in Nippon India Vision Fund. Holding both schemes increases your concentration in HDFC 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 | in Nippon |
|---|---|---|
| HDFC BankBanks | 8.46% | 5.25% |
| ICICI BankBanks | 8.72% | 4.54% |
| Reliance IndustriesPetroleum Products | 5.41% | 4.27% |
| Larsen & ToubroConstruction | 5.38% | 2.38% |
| NTPCPower | 2.38% | 2.40% |
| Axis BankBanks | 4.67% | 1.52% |
| Bharti AirtelTelecom - Services | 4.34% | 1.46% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 1.41% |
| Hindustan AeronauticsAerospace & Defense | 1.11% | 2.01% |
| State Bank of IndiaBanks | 1.02% | 1.96% |
| InfosysIT - Software | 3.60% | 0.94% |
| ITCDiversified FMCG | 0.94% | 1.29% |
| Avenue SupermartsRetailing | 0.92% | 1.34% |
| SBI Life Insurance CompanyInsurance | 1.09% | 0.89% |
| SiemensElectrical Equipment | 0.77% | 1.14% |
| United SpiritsBeverages | 0.97% | 0.77% |
| Hero MotoCorpAutomobiles | 1.59% | 0.71% |
| InterGlobe AviationTransport Services | 1.83% | 0.62% |
| Eicher MotorsAutomobiles | 0.62% | 1.32% |
| Page IndustriesTextiles & Apparels | 0.62% | 0.98% |
| Max Healthcare InstituteHealthcare Services | 0.59% | 0.56% |
| EternalRetailing | 0.54% | 0.97% |
| TVS Motor CompanyAutomobiles | 0.49% | 0.99% |
| ICICI Lombard General Insurance CompanyInsurance | 0.40% | 1.03% |
| Grasim IndustriesCement & Cement Products | 0.35% | 0.43% |
| Godrej Consumer ProductsPersonal Products | 0.33% | 1.98% |
| Oil & Natural Gas CorporationOil | 1.25% | 0.31% |
| United BreweriesBeverages | 0.30% | 1.62% |
| HCL TechnologiesIT - Software | 0.47% | 0.30% |
| DLFRealty | 1.32% | 0.29% |
| Havells IndiaConsumer Durables | 0.28% | 1.17% |
| Supreme IndustriesIndustrial Products | 0.21% | 0.25% |
| LupinPharmaceuticals & Biotechnology | 0.19% | 0.22% |
| Bajaj AutoAutomobiles | 0.17% | 0.39% |
| GAIL (India)Gas | 0.07% | 2.15% |
| The Indian Hotels CompanyLeisure Services | 0.04% | 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.