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41 of 167 unique stocks in common · Jaccard: 24.6%
A weighted portfolio overlap of 44.89% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹44.89 is allocated to the exact same companies at the same relative proportions. The schemes share 41 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 8.46% in ICICI Prudential Large Cap 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% | 8.46% |
| ICICI BankBanks | 4.80% | 8.72% |
| Axis BankBanks | 3.74% | 4.67% |
| Larsen & ToubroConstruction | 2.69% | 5.38% |
| Bharti AirtelTelecom - Services | 2.56% | 4.34% |
| Reliance IndustriesPetroleum Products | 2.35% | 5.41% |
| Maruti Suzuki IndiaAutomobiles | 2.27% | 3.55% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.02% | 2.65% |
| NTPCPower | 2.00% | 2.38% |
| InfosysIT - Software | 1.72% | 3.60% |
| Kotak Mahindra BankBanks | 2.12% | 1.21% |
| SBI Life Insurance CompanyInsurance | 1.96% | 1.09% |
| Oil & Natural Gas CorporationOil | 1.09% | 1.25% |
| State Bank of IndiaBanks | 1.89% | 1.02% |
| ITCDiversified FMCG | 1.18% | 0.94% |
| Cummins IndiaIndustrial Products | 0.99% | 0.91% |
| Hindustan UnileverDiversified FMCG | 1.09% | 0.83% |
| Hindustan AeronauticsAerospace & Defense | 0.73% | 1.11% |
| SiemensElectrical Equipment | 0.69% | 0.77% |
| HDFC Life Insurance CompanyInsurance | 0.63% | 1.16% |
| Eicher MotorsAutomobiles | 1.48% | 0.62% |
| Info Edge (India)Retailing | 1.28% | 0.51% |
| Tech MahindraIT - Software | 2.12% | 0.50% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.47% | 0.68% |
| HCL TechnologiesIT - Software | 1.52% | 0.47% |
| Asian PaintsConsumer Durables | 0.45% | 2.02% |
| Tata SteelFerrous Metals | 1.48% | 0.43% |
| Mahindra & MahindraAutomobiles | 0.38% | 2.34% |
| InterGlobe AviationTransport Services | 0.37% | 1.83% |
| Tata Motors Passenger VehiclesAutomobiles | 0.42% | 0.36% |
| Godrej Consumer ProductsPersonal Products | 0.55% | 0.33% |
| CiplaPharmaceuticals & Biotechnology | 1.09% | 0.33% |
| NHPCPower | 0.55% | 0.27% |
| Bajaj FinservFinance | 0.48% | 0.20% |
| LupinPharmaceuticals & Biotechnology | 0.40% | 0.19% |
| WiproIT - Software | 0.66% | 0.17% |
| Bajaj AutoAutomobiles | 1.96% | 0.17% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.98% | 0.08% |
| GAIL (India)Gas | 0.59% | 0.07% |
| ITC HotelsLeisure Services | 0.06% | 0.38% |
| Gujarat Pipavav PortTransport Infrastructure | 0.17% | 0.02% |
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.