Loading fund overlap…
24 of 322 unique stocks in common · Jaccard: 7.5%
A weighted portfolio overlap of 8.6% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.6 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is Apar Industries, which commands a weight of 1.86% in ICICI Prudential Retirement Fund - Pure Equity Plan and 0.83% in Nippon India Nifty Smallcap 250 Index Fund. Holding both schemes increases your concentration in Apar 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 | in Nippon |
|---|---|---|
| Apar IndustriesElectrical Equipment | 1.86% | 0.83% |
| Brigade EnterprisesRealty | 1.12% | 0.81% |
| Aarti IndustriesChemicals & Petrochemicals | 0.77% | 0.93% |
| EIHLeisure Services | 0.53% | 0.64% |
| CreditAccess GrameenFinance | 0.59% | 0.50% |
| Finolex IndustriesIndustrial Products | 0.58% | 0.48% |
| SobhaRealty | 1.49% | 0.40% |
| 360 One WamCapital Markets | 0.39% | 0.62% |
| Triveni TurbineElectrical Equipment | 1.23% | 0.38% |
| Usha MartinIndustrial Products | 2.12% | 0.38% |
| Jyothy LabsHousehold Products | 0.77% | 0.37% |
| Gujarat Pipavav PortTransport Infrastructure | 0.44% | 0.36% |
| Whirlpool of IndiaConsumer Durables | 0.28% | 0.30% |
| RHI Magnesita IndiaIndustrial Products | 0.29% | 0.24% |
| UTI Asset Management CompanyCapital Markets | 0.33% | 0.24% |
| Ratnamani Metals & TubesIndustrial Products | 0.23% | 0.51% |
| VIP IndustriesConsumer Durables | 0.35% | 0.23% |
| Rainbow Childrens MedicareHealthcare Services | 0.23% | 0.43% |
| MastekIT - Software | 0.21% | 0.26% |
| Astrazeneca Pharma IndiaPharmaceuticals & Biotechnology | 0.36% | 0.21% |
| C.E. Info SystemsIT - Software | 0.47% | 0.16% |
| FDCPharmaceuticals & Biotechnology | 0.49% | 0.14% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.12% | 1.29% |
| Sonata SoftwareIT - Software | 0.11% | 0.84% |
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.