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31 of 252 unique stocks in common · Jaccard: 12.3%
A weighted portfolio overlap of 14.57% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.57 is allocated to the exact same companies at the same relative proportions. The schemes share 31 common holdings.
The largest overlapping asset in their portfolios is Samvardhana Motherson International, which commands a weight of 2.17% in ICICI Prudential Multi Cap Fund and 1.77% in Nippon India Multi Cap Fund. Holding both schemes increases your concentration in Samvardhana Motherson International 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 |
|---|---|---|
| Samvardhana Motherson InternationalAuto Components | 2.17% | 1.77% |
| Mahindra & MahindraAutomobiles | 1.00% | 1.56% |
| Bajaj FinanceFinance | 0.98% | 1.71% |
| Multi Commodity Exchange Of IndiaCapital Markets | 2.10% | 0.96% |
| GE Vernova T&D IndiaElectrical Equipment | 0.92% | 1.72% |
| PB FintechFinancial Technology (Fintech) | 2.20% | 0.89% |
| SBI Cards & Payment ServicesFinance | 0.87% | 0.75% |
| CG Power and Industrial SolutionsElectrical Equipment | 1.52% | 0.73% |
| Aditya Birla Lifestyle BrandsRetailing | 0.61% | 0.65% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 2.86% | 0.56% |
| Blue StarConsumer Durables | 0.84% | 0.52% |
| ABB IndiaElectrical Equipment | 2.09% | 0.48% |
| Syngene InternationalHealthcare Services | 1.63% | 0.47% |
| Interglobe AviationTransport Services | 2.21% | 0.46% |
| VoltasConsumer Durables | 0.41% | 1.02% |
| Triveni TurbineElectrical Equipment | 0.80% | 0.39% |
| Dixon Technologies (India)Consumer Durables | 0.38% | 1.00% |
| The Indian Hotels CompanyLeisure Services | 0.36% | 0.77% |
| Balkrishna IndustriesAuto Components | 0.33% | 0.95% |
| Vesuvius IndiaIndustrial Products | 0.27% | 1.09% |
| EIHLeisure Services | 0.23% | 1.02% |
| Whirlpool of IndiaConsumer Durables | 0.21% | 0.27% |
| JSW DuluxConsumer Durables | 0.20% | 0.51% |
| Cummins IndiaIndustrial Products | 0.72% | 0.17% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.13% | 0.58% |
| Siemens Energy IndiaElectrical Equipment | 0.10% | 0.98% |
| UTI Asset Management CompanyCapital Markets | 0.08% | 0.26% |
| JSW EnergyPower | 0.08% | 0.21% |
| Aditya Birla Sun Life AMCCapital Markets | 0.07% | 0.97% |
| Aditya Birla Fashion and RetailRetailing | 0.04% | 0.04% |
| Afcons InfrastructureConstruction | 0.02% | 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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.