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19 of 112 unique stocks in common · Jaccard: 17%
A weighted portfolio overlap of 21.82% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.82 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 5.28% in HDFC Consumption Fund and 4.34% in ICICI Prudential Large Cap Fund. 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 HDFC | in ICICI |
|---|---|---|
| Bharti AirtelTelecom - Services | 5.28% | 4.34% |
| Maruti Suzuki IndiaAutomobiles | 3.07% | 3.55% |
| Mahindra & MahindraAutomobiles | 6.40% | 2.34% |
| Asian PaintsConsumer Durables | 3.30% | 2.02% |
| InterGlobe AviationTransport Services | 1.19% | 1.83% |
| Hero MotoCorpAutomobiles | 1.00% | 1.59% |
| United SpiritsBeverages | 3.89% | 0.97% |
| Hyundai Motor IndiaAutomobiles | 1.09% | 0.95% |
| Britannia IndustriesFood Products | 2.76% | 0.91% |
| Hindustan UnileverDiversified FMCG | 8.24% | 0.83% |
| TrentRetailing | 2.85% | 0.68% |
| Tata Power CompanyPower | 0.97% | 0.60% |
| Max Healthcare InstituteHealthcare Services | 1.09% | 0.59% |
| EternalRetailing | 9.35% | 0.54% |
| TVS Motor CompanyAutomobiles | 2.46% | 0.49% |
| Titan CompanyConsumer Durables | 1.70% | 0.43% |
| Info Edge (India)Retailing | 0.37% | 0.51% |
| Godrej Consumer ProductsPersonal Products | 4.36% | 0.33% |
| Bajaj AutoAutomobiles | 2.13% | 0.17% |
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.