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39 of 140 unique stocks in common · Jaccard: 27.9%
A weighted portfolio overlap of 32.9% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.9 is allocated to the exact same companies at the same relative proportions. The schemes share 39 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 2.84% in ICICI Prudential Manufacturing Fund and 4.14% in ICICI Prudential Retirement Fund - Pure Equity Plan. 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 Prudential Manufacturing | in ICICI Prudential Retirement |
|---|---|---|
| Reliance IndustriesPetroleum Products | 2.84% | 4.14% |
| Mahindra & MahindraAutomobiles | 4.87% | 2.27% |
| Larsen & ToubroConstruction | 4.43% | 2.06% |
| Siemens Energy IndiaElectrical Equipment | 3.71% | 1.97% |
| Ultratech CementCement & Cement Products | 3.05% | 1.90% |
| Hyundai Motor IndiaAutomobiles | 3.09% | 1.66% |
| Supreme IndustriesIndustrial Products | 1.60% | 1.58% |
| Triveni TurbineElectrical Equipment | 1.36% | 1.23% |
| Hindustan AeronauticsAerospace & Defense | 1.29% | 1.18% |
| Ambuja CementsCement & Cement Products | 1.35% | 1.16% |
| Bajaj AutoAutomobiles | 3.32% | 1.07% |
| JSW SteelFerrous Metals | 3.16% | 1.04% |
| Pidilite IndustriesChemicals & Petrochemicals | 1.21% | 1.02% |
| Bharat ForgeAuto Components | 2.14% | 1.00% |
| Shree CementCement & Cement Products | 1.65% | 0.99% |
| ITCDiversified FMCG | 0.84% | 1.28% |
| Aarti IndustriesChemicals & Petrochemicals | 0.99% | 0.77% |
| BEMLAgricultural, Commercial & Construction Vehicles | 1.00% | 0.76% |
| Jindal StainlessFerrous Metals | 2.14% | 0.73% |
| AtulChemicals & Petrochemicals | 1.80% | 0.72% |
| LG Electronics IndiaConsumer Durables | 0.98% | 0.70% |
| PI IndustriesFertilizers & Agrochemicals | 2.02% | 0.69% |
| Cummins IndiaIndustrial Products | 4.45% | 0.53% |
| SiemensElectrical Equipment | 2.01% | 0.45% |
| United SpiritsBeverages | 0.44% | 1.86% |
| Bajaj ElectricalsConsumer Durables | 0.60% | 0.36% |
| RHI Magnesita IndiaIndustrial Products | 0.34% | 0.29% |
| Malco EnergyOil | 0.38% | 0.29% |
| Talwandi Sabo PowerPower | 0.38% | 0.29% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.38% | 0.29% |
| Vedanta Iron And SteelFerrous Metals | 0.38% | 0.29% |
| Whirlpool of IndiaConsumer Durables | 0.25% | 0.28% |
| PG ElectroplastConsumer Durables | 0.44% | 0.25% |
| Ratnamani Metals & TubesIndustrial Products | 0.73% | 0.23% |
| Divgi Torqtransfer SystemsAuto Components | 0.28% | 0.23% |
| AstralIndustrial Products | 0.18% | 0.41% |
| Astrazeneca Pharma IndiaPharmaceuticals & Biotechnology | 0.14% | 0.36% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.85% | 0.12% |
| Sagar CementsCement & Cement Products | 0.10% | 0.11% |
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.