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9 of 154 unique stocks in common · Jaccard: 5.8%
A weighted portfolio overlap of 4% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is United Spirits, which commands a weight of 1.98% in HDFC Mid Cap Fund and 1.09% in ICICI Prudential Large Cap Fund. Holding both schemes increases your concentration in United Spirits 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 |
|---|---|---|
| United SpiritsBeverages | 1.98% | 1.09% |
| Cummins IndiaIndustrial Products | 2.19% | 0.75% |
| EternalRetailing | 1.24% | 0.61% |
| ICICI Lombard General Insurance CompanyInsurance | 0.83% | 0.49% |
| Havells IndiaConsumer Durables | 0.70% | 0.43% |
| Godrej Consumer ProductsPersonal Products | 0.84% | 0.32% |
| Supreme IndustriesIndustrial Products | 0.55% | 0.19% |
| Hexaware TechnologiesIT - Software | 0.80% | 0.07% |
| The Indian Hotels CompanyLeisure Services | 0.99% | 0.04% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.