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36 of 171 unique stocks in common · Jaccard: 21.1%
A weighted portfolio overlap of 43.79% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.79 is allocated to the exact same companies at the same relative proportions. The schemes share 36 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.18% in HDFC Dividend Yield Fund and 6.73% in ICICI Prudential India Opportunities Fund. Holding both schemes increases your concentration in HDFC Bank 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 |
|---|---|---|
| HDFC BankBanks | 5.18% | 6.73% |
| ICICI BankBanks | 4.80% | 5.33% |
| Axis BankBanks | 3.74% | 4.88% |
| Larsen & ToubroConstruction | 2.69% | 3.24% |
| Bharti AirtelTelecom - Services | 2.56% | 3.06% |
| Reliance IndustriesPetroleum Products | 2.35% | 3.57% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.02% | 3.68% |
| NTPCPower | 2.00% | 2.03% |
| SBI Life Insurance CompanyInsurance | 1.96% | 2.65% |
| InfosysIT - Software | 1.72% | 6.00% |
| State Bank of IndiaBanks | 1.89% | 1.63% |
| Tata Consultancy ServicesIT - Software | 1.33% | 1.74% |
| Info Edge (India)Retailing | 1.28% | 1.80% |
| Hindustan UnileverDiversified FMCG | 1.09% | 2.01% |
| Oil & Natural Gas CorporationOil | 1.09% | 0.93% |
| UPLFertilizers & Agrochemicals | 0.87% | 0.78% |
| Hindustan AeronauticsAerospace & Defense | 0.73% | 0.80% |
| Tata CommunicationsTelecom - Services | 0.70% | 1.23% |
| HDFC Life Insurance CompanyInsurance | 0.63% | 2.50% |
| IndusInd BankBanks | 1.47% | 0.48% |
| Bajaj FinservFinance | 0.48% | 1.06% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.47% | 2.19% |
| AIA EngineeringIndustrial Products | 0.72% | 0.43% |
| Tata Motors Passenger VehiclesAutomobiles | 0.42% | 1.59% |
| Apollo TyresAuto Components | 0.56% | 0.41% |
| CiplaPharmaceuticals & Biotechnology | 1.09% | 0.41% |
| Gland PharmaPharmaceuticals & Biotechnology | 0.40% | 1.80% |
| Mahindra & MahindraAutomobiles | 0.38% | 2.43% |
| InterGlobe AviationTransport Services | 0.37% | 1.57% |
| Maruti Suzuki IndiaAutomobiles | 2.27% | 0.32% |
| KEC InternationalConstruction | 0.27% | 0.32% |
| Star Health And Allied Insurance CompanyInsurance | 0.27% | 0.31% |
| CyientIT - Services | 0.40% | 0.17% |
| Chambal Fertilizers & ChemicalsFertilizers & Agrochemicals | 0.15% | 0.27% |
| PVR INOXEntertainment | 0.91% | 0.12% |
| PNC InfratechConstruction | 0.29% | 0.12% |
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.