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9 of 172 unique stocks in common · Jaccard: 5.2%
A weighted portfolio overlap of 5.3% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.3 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 Gujarat Gas, which commands a weight of 1.56% in ICICI Prudential PSU Equity Fund and 1.62% in ICICI Prudential Smallcap Fund. Holding both schemes increases your concentration in Gujarat Gas 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 PSU | in ICICI Prudential Smallcap |
|---|---|---|
| Gujarat GasGas | 1.56% | 1.62% |
| LIC Housing FinanceFinance | 0.84% | 1.44% |
| Oil IndiaOil | 3.09% | 0.57% |
| Repco Home FinanceFinance | 0.57% | 0.77% |
| Gujarat Narmada Valley Fertilizers and ChemicalsChemicals & Petrochemicals | 0.57% | 1.41% |
| Gujarat Alkalies and ChemicalsChemicals & Petrochemicals | 0.47% | 0.67% |
| Tamil Nadu Newsprint & PapersPaper, Forest & Jute Products | 0.50% | 0.44% |
| Engineers IndiaConstruction | 1.20% | 0.27% |
| Indraprastha GasGas | 0.01% | 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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.