HSBC Value Fund vs ICICI Prudential Value Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
26.7%
Moderate overlap
Some shared stocks, different bets.
18
Common stocks
66
Only in HSBC Value Fund
42
Only in ICICI Prudential Value Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
18 common stocks
HSBC Value FundICICI Prudential Value Fund| Stock | HSBC Value Fund | ICICI Prudential Value Fund | Overlap |
|---|---|---|---|
| ICICI Bank LtdFinancial Services | 4.20% | 9.40% | 4.20% |
| HDFC Bank LtdFinancial Services | 4.15% | 8.72% | 4.15% |
| Reliance Industries LtdEnergy | 2.79% | 5.10% | 2.79% |
| State Bank Of IndiaFinancial Services | 3.17% | 2.12% | 2.12% |
| Larsen & Toubro LtdIndustrials | 2.16% | 1.83% | 1.83% |
| NTPC LtdUtilities | 1.55% | 2.02% | 1.55% |
| Maruti Suzuki India LtdConsumer Discretionary | 1.49% | 3.41% | 1.49% |
| Bharti Airtel LtdCommunication Services | 1.22% | 2.45% | 1.22% |
| Axis Bank LtdFinancial Services | 1.19% | 2.96% | 1.19% |
| Sun Pharmaceutical Industries LtdHealthcare | 1.10% | 4.55% | 1.10% |
| Hindustan Unilever LtdConsumer Staples | 1.04% | 2.67% | 1.04% |
| TML Commercial Vehicles LtdIndustrials | 1.01% | 1.53% | 1.01% |
| Infosys LtdTechnology | 0.92% | 4.51% | 0.92% |
| Kotak Mahindra Bank LtdFinancial Services | 0.77% | 1.71% | 0.77% |
| Hero Motocorp LtdConsumer Discretionary | 2.07% | 0.60% | 0.60% |
| ITC LtdConsumer Staples | 0.43% | 4.18% | 0.43% |
| JK Lakshmi Cement LtdMaterials | 0.16% | 0.46% | 0.16% |
| HDB Financial Services LtdFinancial Services | 0.24% | 0.15% | 0.15% |
| Total | 29.66% | 58.37% | 26.72% |
Only in HSBC Value Fund
66 stocks, 66.8% of the fund
- Karur Vysya Bank LtdFinancial Services3.57%
- Federal Bank LtdFinancial Services3.37%
- PNB Housing Finance LtdFinancial Services2.66%
- Finolex Cables LtdIndustrials2.43%
- Balrampur Chini Mills LtdConsumer Staples2.32%
- Shriram Finance LtdFinancial Services2.25%
- Indian BankFinancial Services2.00%
- Tech Mahindra LtdTechnology1.99%
- Jindal Saw LtdIndustrials1.60%
- Multi Commodity Exchange of India LtdFinancial Services1.47%
Only in ICICI Prudential Value Fund
42 stocks, 38.3% of the fund
- Life Insurance Corporation Of IndiaFinancial Services5.89%
- Tata Consultancy Services LtdTechnology2.88%
- SBI Life Insurance Company LtdFinancial Services2.26%
- HDFC Life Insurance Company LtdFinancial Services1.97%
- Dr. Reddys Laboratories LtdHealthcare1.80%
- Bajaj Finserv LtdFinancial Services1.62%
- Oil And Natural Gas Corporation LtdEnergy1.55%
- Apollo Tyres LtdConsumer Discretionary1.51%
- Hyundai Motor India LtdConsumer Discretionary1.44%
- Ultratech Cement LtdMaterials1.43%
Check another pair
More Value pairs
What is mutual fund portfolio overlap?
Portfolio overlap is the share of two funds' money that sits in the same stocks in the same amounts. Two flexi cap funds that both hold HDFC Bank, ICICI Bank and Reliance overlap by the smaller of their weights in each of those stocks.
How is portfolio overlap calculated?
For every stock both funds hold, take the smaller of the two weights, then add them up. If one fund holds HDFC Bank at 8% and the other at 5%, that stock adds 5% to the overlap. Only shares count; cash, bonds, deposits and REITs are left out. The figures use each fund's latest monthly portfolio disclosure.
Is high overlap between two funds bad?
Not by itself. RuDo studied 33,153 pairs of diversified equity funds over five years to September 2026. Funds from different fund houses with 50% to 70% overlap shared mostly the index's largest stocks, and holding both still made returns swing 12% to 15% less around the index than holding either one. Overlap above 70% came mostly from two funds of the same fund house, which hold nearly the same portfolio.
How often does the overlap change?
Fund houses disclose their portfolios every month, so the overlap is refreshed as each new disclosure arrives. It moves slowly for most diversified funds and faster for focused or high-turnover funds.
Based on each fund's monthly portfolio disclosure. Past performance does not indicate future returns.