Loading fund overlap…
53 of 512 unique stocks in common · Jaccard: 10.4%
A weighted portfolio overlap of 29.61% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.61 is allocated to the exact same companies at the same relative proportions. The schemes share 53 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.78% in ICICI Prudential BSE 500 ETF and 4.33% in Tata India Innovation 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 ICICI | in Tata |
|---|---|---|
| ICICI BankBanks | 4.78% | 4.33% |
| Reliance IndustriesPetroleum Products | 4.75% | 3.50% |
| Bharti AirtelTelecom - Services | 2.77% | 3.10% |
| HDFC BankBanks | 6.03% | 2.29% |
| Axis BankBanks | 1.96% | 3.21% |
| InfosysIT - Software | 2.15% | 1.47% |
| Mahindra & MahindraAutomobiles | 1.44% | 2.31% |
| Kotak Mahindra BankBanks | 1.50% | 1.25% |
| EternalRetailing | 0.95% | 2.71% |
| Maruti Suzuki IndiaAutomobiles | 0.92% | 1.56% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.71% | 2.07% |
| State Bank of IndiaBanks | 2.13% | 0.70% |
| Bajaj FinservFinance | 0.53% | 1.29% |
| InterGlobe AviationTransport Services | 0.52% | 0.64% |
| Adani PowerPower | 0.52% | 0.83% |
| Tech MahindraIT - Software | 0.50% | 2.38% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.44% | 3.01% |
| Cummins IndiaIndustrial Products | 0.43% | 1.06% |
| Samvardhana Motherson InternationalAuto Components | 0.34% | 1.49% |
| Hero MotoCorpAutomobiles | 0.33% | 2.30% |
| CG Power and Industrial SolutionsElectrical Equipment | 0.33% | 0.33% |
| PB FintechFinancial Technology (Fintech) | 0.31% | 2.21% |
| Adani Energy SolutionsPower | 0.28% | 1.09% |
| Bank of BarodaBanks | 0.27% | 1.55% |
| Dixon Technologies (India)Consumer Durables | 0.25% | 1.73% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 0.21% | 0.82% |
| SwiggyRetailing | 0.19% | 1.42% |
| Havells IndiaConsumer Durables | 0.16% | 0.42% |
| Sona BLW Precision ForgingsAuto Components | 0.14% | 1.31% |
| Dabur IndiaPersonal Products | 0.14% | 1.52% |
| Vishal Mega MartRetailing | 0.14% | 2.43% |
| Tata CommunicationsTelecom - Services | 0.12% | 2.83% |
| RBL BankBanks | 0.11% | 1.64% |
| Aster DM HealthcareHealthcare Services | 0.10% | 0.71% |
| ThermaxElectrical Equipment | 0.10% | 2.61% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 0.10% | 1.32% |
| WockhardtPharmaceuticals & Biotechnology | 0.09% | 1.63% |
| Dr. Lal Path LabsHealthcare Services | 0.07% | 3.80% |
| Carborundum UniversalIndustrial Products | 0.06% | 0.86% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.06% | 1.63% |
| Craftsman AutomationAuto Components | 0.06% | 0.92% |
| Piramal PharmaPharmaceuticals & Biotechnology | 0.06% | 0.50% |
| Affle 3iIT - Services | 0.05% | 1.09% |
| Syngene InternationalHealthcare Services | 0.04% | 0.88% |
| Firstsource SolutionsCommercial Services & Supplies | 0.04% | 1.74% |
| Aditya Birla Sun Life AMCCapital Markets | 0.04% | 1.07% |
| eClerx ServicesCommercial Services & Supplies | 0.03% | 0.83% |
| Metropolis HealthcareHealthcare Services | 0.03% | 2.34% |
| JSW DuluxConsumer Durables | 0.03% | 0.57% |
| Sonata SoftwareIT - Software | 0.03% | 1.10% |
| PCBL ChemicalChemicals & Petrochemicals | 0.03% | 1.22% |
| TBO TekLeisure Services | 0.02% | 1.24% |
| Newgen Software TechnologiesIT - Software | 0.01% | 0.60% |
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.