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7 of 112 unique stocks in common · Jaccard: 6.3%
A weighted portfolio overlap of 5.84% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.84 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is Divi's Laboratories, which commands a weight of 1.18% in HDFC Flexi Cap Fund and 3.36% in ICICI Prudential Nifty Next 50 Index Fund. Holding both schemes increases your concentration in Divi's Laboratories 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 |
|---|---|---|
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 1.18% | 3.36% |
| BoschAuto Components | 1.10% | 1.26% |
| Hyundai Motor IndiaAutomobiles | 1.70% | 1.09% |
| Britannia IndustriesFood Products | 0.77% | 2.44% |
| United SpiritsBeverages | 0.72% | 1.49% |
| Bank of BarodaBanks | 0.69% | 1.98% |
| TVS Motor CompanyAutomobiles | 0.29% | 3.13% |
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.