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11 of 107 unique stocks in common · Jaccard: 10.3%
A weighted portfolio overlap of 25.45% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.45 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.48% in HDFC Flexi Cap Fund and 6.59% in ICICI Prudential Housing 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 | 6.48% | 6.59% |
| ICICI BankBanks | 8.83% | 5.97% |
| Larsen & ToubroConstruction | 3.55% | 7.56% |
| State Bank of IndiaBanks | 4.22% | 2.36% |
| JSW SteelFerrous Metals | 1.72% | 1.89% |
| Axis BankBanks | 6.84% | 1.69% |
| Tata SteelFerrous Metals | 1.30% | 4.90% |
| Kotak Mahindra BankBanks | 3.43% | 0.93% |
| Kalpataru Projects InternationalConstruction | 0.59% | 1.11% |
| Havells IndiaConsumer Durables | 0.57% | 2.03% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.40% | 0.29% |
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.