Loading fund overlap…
14 of 130 unique stocks in common · Jaccard: 10.8%
A weighted portfolio overlap of 17.05% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.05 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.76% in ICICI Prudential Multi Asset Allocation Fund and 5.80% in quant Multi Asset Allocation Fund. Holding both schemes increases your concentration in ICICI 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 quant |
|---|---|---|
| ICICI BankBanks | 3.76% | 5.80% |
| Reliance IndustriesPetroleum Products | 3.26% | 9.25% |
| Life Insurance Corporation Of IndiaInsurance | 3.81% | 2.96% |
| HDFC BankBanks | 5.59% | 2.08% |
| Bharti AirtelTelecom - Services | 1.11% | 8.75% |
| Larsen & ToubroConstruction | 0.85% | 1.60% |
| Tata SteelFerrous Metals | 0.67% | 1.08% |
| Oil & Natural Gas CorporationOil | 0.64% | 2.56% |
| Tata Motors Passenger VehiclesAutomobiles | 0.60% | 0.76% |
| Bajaj FinservFinance | 2.58% | 0.57% |
| ITCDiversified FMCG | 1.59% | 0.24% |
| BioconPharmaceuticals & Biotechnology | 0.21% | 0.53% |
| Indus TowersTelecom - Services | 0.05% | 3.35% |
| DLFRealty | 0.05% | 1.85% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.