ICICI Prudential Value Fund vs Nippon India Value Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
36.7%
Moderate overlap
Some shared stocks, different bets.
18
Common stocks
42
Only in ICICI Prudential Value Fund
72
Only in Nippon India Value Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
18 common stocks
ICICI Prudential Value FundNippon India Value Fund| Stock | ICICI Prudential Value Fund | Nippon India Value Fund | Overlap |
|---|---|---|---|
| HDFC Bank LtdFinancial Services | 8.72% | 6.86% | 6.86% |
| ICICI Bank LtdFinancial Services | 9.40% | 3.46% | 3.46% |
| Axis Bank LtdFinancial Services | 2.96% | 3.79% | 2.96% |
| Reliance Industries LtdEnergy | 5.10% | 2.71% | 2.71% |
| Bharti Airtel LtdCommunication Services | 2.45% | 2.65% | 2.45% |
| State Bank Of IndiaFinancial Services | 2.12% | 4.53% | 2.12% |
| Tata Consultancy Services LtdTechnology | 2.88% | 2.04% | 2.04% |
| NTPC LtdUtilities | 2.02% | 3.42% | 2.02% |
| Maruti Suzuki India LtdConsumer Discretionary | 3.41% | 1.97% | 1.97% |
| Larsen & Toubro LtdIndustrials | 1.83% | 2.05% | 1.83% |
| ITC LtdConsumer Staples | 4.18% | 1.71% | 1.71% |
| Kotak Mahindra Bank LtdFinancial Services | 1.71% | 3.08% | 1.71% |
| Infosys LtdTechnology | 4.51% | 1.66% | 1.66% |
| Asian Paints LtdConsumer Discretionary | 1.33% | 1.52% | 1.33% |
| Coal India LtdEnergy | 0.77% | 1.43% | 0.77% |
| Oil And Natural Gas Corporation LtdEnergy | 1.55% | 0.43% | 0.43% |
| Indusind Bank LtdFinancial Services | 0.31% | 2.84% | 0.31% |
| Vedanta Aluminium Metal LtdMaterials | 0.31% | 0.77% | 0.31% |
| Total | 55.56% | 46.92% | 36.65% |
Only in ICICI Prudential Value Fund
42 stocks, 41.1% of the fund
- Life Insurance Corporation Of IndiaFinancial Services5.89%
- Sun Pharmaceutical Industries LtdHealthcare4.55%
- Hindustan Unilever LtdConsumer Staples2.67%
- SBI Life Insurance Company LtdFinancial Services2.26%
- HDFC Life Insurance Company LtdFinancial Services1.97%
- Dr. Reddys Laboratories LtdHealthcare1.80%
- Bajaj Finserv LtdFinancial Services1.62%
- TML Commercial Vehicles LtdIndustrials1.53%
- Apollo Tyres LtdConsumer Discretionary1.51%
- Hyundai Motor India LtdConsumer Discretionary1.44%
Only in Nippon India Value Fund
72 stocks, 51.3% of the fund
- Bharat Heavy Electricals LtdIndustrials2.50%
- Piramal Finance LtdFinancial Services2.32%
- Bajaj Finance LtdFinancial Services2.09%
- Kaynes Technology India LtdIndustrials2.08%
- Swiggy LtdConsumer Discretionary1.87%
- PG Electroplast LtdConsumer Discretionary1.64%
- Jindal Steel & Power LtdMaterials1.60%
- Torrent Pharmaceuticals LtdHealthcare1.56%
- Voltas LtdConsumer Discretionary1.46%
- Ltimindtree LtdTechnology1.38%
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.