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24 of 126 unique stocks in common · Jaccard: 19%
A weighted portfolio overlap of 35.48% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.48 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.19% in HDFC Flexi Cap Fund and 7.37% in ICICI Prudential Flexi Cap Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 9.19% | 7.37% |
| EternalRetailing | 3.39% | 3.71% |
| Axis BankBanks | 6.19% | 3.17% |
| HDFC BankBanks | 5.71% | 3.03% |
| Maruti Suzuki IndiaAutomobiles | 2.74% | 4.92% |
| State Bank of IndiaBanks | 4.16% | 2.08% |
| Interglobe AviationTransport Services | 2.98% | 1.90% |
| PB FintechFinancial Technology (Fintech) | 1.52% | 1.46% |
| Bharti AirtelTelecom - Services | 2.58% | 1.09% |
| SBI Life Insurance CompanyInsurance | 3.19% | 1.07% |
| Larsen & ToubroConstruction | 3.16% | 1.06% |
| Kotak Mahindra BankBanks | 3.27% | 0.90% |
| TVS Motor CompanyAutomobiles | 0.85% | 9.34% |
| Eicher MotorsAutomobiles | 2.44% | 0.84% |
| Britannia IndustriesFood Products | 0.70% | 0.95% |
| Lenskart SolutionsRetailing | 0.70% | 2.22% |
| Ultratech CementCement & Cement Products | 0.87% | 0.62% |
| HCL TechnologiesIT - Software | 2.48% | 0.57% |
| InfosysIT - Software | 0.54% | 2.25% |
| Neuland LaboratoriesPharmaceuticals & Biotechnology | 0.52% | 1.81% |
| Apar IndustriesElectrical Equipment | 0.26% | 1.27% |
| FSN E-Commerce VenturesRetailing | 0.75% | 0.24% |
| Rubicon ResearchPharmaceuticals & Biotechnology | 0.21% | 0.85% |
| BoschAuto Components | 1.34% | 0.15% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.