How much do ICICI Prudential Nifty Infrastructure ETF and Tata BSE Select Business Groups Index Fund overlap?

They share 9 common holdings, a weighted portfolio overlap of about 45.74% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.

What does 45.74% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

ICICI Prudential Nifty Infrastructure ETF vs Tata BSE Select Business Groups Index Fund

ICICI Pru MF · ETFTata MF · Index Fund· as on May 2026

Weighted portfolio overlap

45.74%

Moderate overlap

Common

Only ICICI

Only Tata

9 of 51 unique stocks in common · Jaccard: 17.6%

Overlap Analysis & Diversification Assessment

A weighted portfolio overlap of 45.74% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹45.74 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.

The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 17.45% in ICICI Prudential Nifty Infrastructure ETF and 20.49% in Tata BSE Select Business Groups Index 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).

Common holdings

Stock	in ICICI	in Tata
Reliance IndustriesPetroleum Products	17.45%	20.49%
Larsen & ToubroConstruction	12.93%	13.67%
Ultratech CementCement & Cement Products	3.67%	3.87%
Adani Ports and Special Economic ZoneTransport Infrastructure	3.60%	3.82%
Grasim IndustriesCement & Cement Products	3.21%	3.41%
Tata Power CompanyPower	1.90%	1.53%
Adani Green EnergyPower	1.34%	1.39%
The Indian Hotels CompanyLeisure Services	1.55%	1.27%
Ambuja CementsCement & Cement Products	0.74%	0.80%

FAQ

How much do ICICI Prudential Nifty Infrastructure ETF and Tata BSE Select Business Groups Index Fund overlap?: They share 9 common holdings, a weighted portfolio overlap of about 45.74% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.
What does 45.74% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

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.