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15 of 103 unique stocks in common · Jaccard: 14.6%
A weighted portfolio overlap of 28.37% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.37 is allocated to the exact same companies at the same relative proportions. The schemes share 15 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 5.41% in ICICI Prudential Quant 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% | 5.41% |
| ICICI BankBanks | 8.83% | 4.24% |
| Kotak Mahindra BankBanks | 3.43% | 3.33% |
| Bharti AirtelTelecom - Services | 2.96% | 5.14% |
| HCL TechnologiesIT - Software | 2.47% | 2.64% |
| InterGlobe AviationTransport Services | 2.79% | 1.95% |
| Axis BankBanks | 6.84% | 1.65% |
| Bajaj AutoAutomobiles | 1.78% | 1.46% |
| InfosysIT - Software | 1.32% | 4.44% |
| SBI Life Insurance CompanyInsurance | 3.76% | 1.19% |
| Eicher MotorsAutomobiles | 2.46% | 0.99% |
| Britannia IndustriesFood Products | 0.77% | 1.47% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.34% | 0.61% |
| TVS Motor CompanyAutomobiles | 0.29% | 2.31% |
| Bharat ElectronicsAerospace & Defense | 0.02% | 2.49% |
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.