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12 of 64 unique stocks in common · Jaccard: 18.8%
A weighted portfolio overlap of 41.74% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹41.74 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 9.53% in ICICI Prudential Rural Opportunities Fund and 10.24% in Nippon India ETF Nifty India Consumption. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 9.53% | 10.24% |
| Hindustan UnileverDiversified FMCG | 7.29% | 7.08% |
| Mahindra & MahindraAutomobiles | 5.52% | 7.34% |
| Maruti Suzuki IndiaAutomobiles | 4.07% | 6.02% |
| ITCDiversified FMCG | 3.68% | 9.73% |
| Bajaj AutoAutomobiles | 3.97% | 3.59% |
| Britannia IndustriesFood Products | 2.99% | 2.01% |
| Godrej Consumer ProductsPersonal Products | 2.14% | 1.64% |
| Havells IndiaConsumer Durables | 2.14% | 1.48% |
| Nestle IndiaFood Products | 1.37% | 3.18% |
| Colgate Palmolive (India)Personal Products | 2.49% | 1.34% |
| Dabur IndiaPersonal Products | 0.43% | 1.06% |
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.