ICICI Prudential Retirement Fund - Pure Equity - Direct Plan - Growth Option vs ICICI Prudential Retirement Fund - Hybrid Aggressive - Direct Plan - Growth Option — portfolio overlap

35.94% of these two portfolios is the same. A substantial shared core, which is normal for two funds in the same category — they are drawing from the same universe. The part that differs is what you are actually paying the second manager for.

Portfolio overlap

35.94%

Stocks held by both

39

Only in ICICI Prudential Mutual Fund's fund

57

Only in ICICI Prudential Mutual Fund's fund

59

Overlap is weighted: for every stock both funds hold, we take the smaller of the two weights and add them up. So two funds each holding 5% of the same stock overlap by 5 points, not 10. Cash and equivalents (repo, TREPS, receivables) are excluded — nearly every fund holds them, and shared cash is not shared conviction.

Stocks both funds hold— top 25 of 39, by shared weight

StockSectorIn ICICI Prudential Mutual Fund'sIn ICICI Prudential Mutual Fund'sShared
HDFC Bank LtdFinancial5.92%2.44%2.44%
Mahindra & Mahindra LtdConsumer Discretionary2.20%2.14%2.14%
Reliance Industries LtdEnergy & Utilities4.53%2.01%2.01%
Larsen & Toubro LtdIndustrials2.02%1.84%1.84%
Hindustan Unilever LtdConsumer Staples3.16%1.73%1.73%
Multi Commodity Exchange Of India LtdFinancial2.69%1.55%1.55%
Tech Mahindra LtdTechnology1.53%1.64%1.53%
Titan Company LtdConsumer Discretionary1.46%2.28%1.46%
Siemens Energy India LtdEnergy & Utilities1.81%1.40%1.40%
UPL LtdMaterials1.30%1.58%1.30%
Avenue Supermarts LtdConsumer Staples2.24%1.21%1.21%
Britannia Industries LtdConsumer Staples2.40%1.19%1.19%
Interglobe Aviation LtdIndustrials1.12%1.55%1.12%
BSE LtdFinancial1.12%1.61%1.12%
Pidilite Industries LtdMaterials1.05%1.22%1.05%
Ultratech Cement LtdMaterials1.80%1.04%1.04%
Hindustan Aeronautics LtdIndustrials1.15%1.03%1.03%
United Spirits LtdConsumer Staples1.90%1.02%1.02%
Vedanta Aluminium Metal LtdMaterials1.03%0.98%0.98%
HDFC Life Insurance Co LtdFinancial1.00%0.96%0.96%
Triveni Turbine LtdIndustrials1.10%0.82%0.82%
Jindal Stainless LtdMaterials0.76%1.19%0.76%
Nippon Life India Asset Management LtdFinancial0.72%0.84%0.72%
JSW Steel LtdMaterials0.96%0.68%0.68%
Atul LtdMaterials0.66%0.69%0.66%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 98 and 100 holdings respectively — not live positions.