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20 of 110 unique stocks in common · Jaccard: 18.2%
A weighted portfolio overlap of 21.54% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.54 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 Reliance Industries, which commands a weight of 5.41% in ICICI Prudential Large Cap Fund and 4.22% in quant Arbitrage Fund. Holding both schemes increases your concentration in Reliance Industries 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 quant |
|---|---|---|
| Reliance IndustriesPetroleum Products | 5.41% | 4.22% |
| HDFC BankBanks | 8.46% | 3.73% |
| Asian PaintsConsumer Durables | 2.02% | 1.37% |
| DLFRealty | 1.32% | 1.99% |
| Bharti AirtelTelecom - Services | 4.34% | 1.28% |
| Oil & Natural Gas CorporationOil | 1.25% | 1.10% |
| ICICI Prudential Life Insurance CompanyInsurance | 1.08% | 1.44% |
| Kotak Mahindra BankBanks | 1.21% | 1.07% |
| ICICI BankBanks | 8.72% | 0.97% |
| ITCDiversified FMCG | 0.94% | 2.56% |
| HDFC Asset Management CompanyCapital Markets | 0.69% | 1.14% |
| Tata Power CompanyPower | 0.60% | 1.24% |
| Max Healthcare InstituteHealthcare Services | 0.59% | 1.48% |
| Power Grid Corporation of IndiaPower | 1.08% | 0.58% |
| State Bank of IndiaBanks | 1.02% | 0.48% |
| United SpiritsBeverages | 0.97% | 0.37% |
| Godrej Consumer ProductsPersonal Products | 0.33% | 3.29% |
| Zydus LifesciencesPharmaceuticals & Biotechnology | 0.40% | 0.31% |
| Life Insurance Corporation of IndiaInsurance | 0.29% | 1.13% |
| Bajaj FinservFinance | 0.20% | 1.03% |
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.