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37 of 125 unique stocks in common · Jaccard: 29.6%
A weighted portfolio overlap of 46.2% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹46.2 is allocated to the exact same companies at the same relative proportions. The schemes share 37 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 9.34% in ICICI Prudential Large 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% | 9.34% |
| HDFC BankBanks | 5.71% | 7.86% |
| Axis BankBanks | 6.19% | 4.08% |
| Larsen & ToubroConstruction | 3.16% | 4.11% |
| Maruti Suzuki IndiaAutomobiles | 2.74% | 2.93% |
| Bharti AirtelTelecom - Services | 2.58% | 3.98% |
| Kotak Mahindra BankBanks | 3.27% | 2.47% |
| Reliance IndustriesPetroleum Products | 1.44% | 5.59% |
| State Bank of IndiaBanks | 4.16% | 1.41% |
| Interglobe AviationTransport Services | 2.98% | 1.36% |
| Power Grid Corporation of IndiaPower | 2.04% | 0.93% |
| SBI Life Insurance CompanyInsurance | 3.19% | 0.93% |
| Tata SteelFerrous Metals | 0.88% | 1.49% |
| Ultratech CementCement & Cement Products | 0.87% | 2.91% |
| Hyundai Motor IndiaAutomobiles | 1.75% | 0.79% |
| United SpiritsBeverages | 0.75% | 0.88% |
| Britannia IndustriesFood Products | 0.70% | 0.91% |
| Max Healthcare InstituteHealthcare Services | 1.49% | 0.65% |
| TVS Motor CompanyAutomobiles | 0.85% | 0.59% |
| InfosysIT - Software | 0.54% | 2.74% |
| Eicher MotorsAutomobiles | 2.44% | 0.50% |
| EternalRetailing | 3.39% | 0.50% |
| BSECapital Markets | 0.45% | 0.66% |
| Havells IndiaConsumer Durables | 0.54% | 0.43% |
| Adani EnterprisesMetals & Minerals Trading | 0.51% | 0.32% |
| CiplaPharmaceuticals & Biotechnology | 2.47% | 0.31% |
| Life Insurance Corporation Of IndiaInsurance | 0.29% | 2.61% |
| SwiggyRetailing | 0.27% | 0.49% |
| BioconPharmaceuticals & Biotechnology | 0.26% | 0.38% |
| Oil & Natural Gas CorporationOil | 0.26% | 0.96% |
| HCL TechnologiesIT - Software | 2.48% | 0.19% |
| LupinPharmaceuticals & Biotechnology | 0.94% | 0.17% |
| Bharat ElectronicsAerospace & Defense | 0.62% | 0.13% |
| ABB IndiaElectrical Equipment | 0.12% | 0.24% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.68% | 0.08% |
| Bank of BarodaBanks | 0.08% | 0.29% |
| Hexaware TechnologiesIT - Software | 0.48% | 0.07% |
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.