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11 of 119 unique stocks in common · Jaccard: 9.2%
A weighted portfolio overlap of 17.28% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.28 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 5.26% in HDFC Value Fund and 2.99% in ICICI Prudential Infrastructure 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 | 5.26% | 2.99% |
| Larsen & ToubroConstruction | 2.93% | 7.35% |
| NTPCPower | 2.65% | 4.00% |
| Reliance IndustriesPetroleum Products | 2.26% | 2.26% |
| Axis BankBanks | 4.27% | 1.87% |
| Sona BLW Precision ForgingsAuto Components | 1.08% | 1.11% |
| Ambuja CementsCement & Cement Products | 1.04% | 1.04% |
| CESCPower | 0.80% | 1.99% |
| InterGlobe AviationTransport Services | 0.72% | 8.92% |
| Wework India ManagementCommercial Services & Supplies | 0.84% | 0.62% |
| GMM PfaudlerIndustrial Manufacturing | 0.31% | 1.27% |
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.