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60 of 508 unique stocks in common · Jaccard: 11.8%
A weighted portfolio overlap of 33.27% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹33.27 is allocated to the exact same companies at the same relative proportions. The schemes share 60 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 4.75% in ICICI Prudential BSE 500 ETF and 3.18% in Tata Multi Asset Allocation Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.75% | 3.18% |
| HDFC BankBanks | 6.03% | 2.91% |
| Bharti AirtelTelecom - Services | 2.77% | 2.65% |
| ICICI BankBanks | 4.78% | 2.32% |
| State Bank of IndiaBanks | 2.13% | 1.62% |
| Axis BankBanks | 1.96% | 1.48% |
| Kotak Mahindra BankBanks | 1.50% | 1.39% |
| Larsen & ToubroConstruction | 2.53% | 1.37% |
| NTPCPower | 0.98% | 1.01% |
| Mahindra & MahindraAutomobiles | 1.44% | 0.94% |
| Tata SteelFerrous Metals | 0.91% | 1.18% |
| InfosysIT - Software | 2.15% | 0.83% |
| EternalRetailing | 0.95% | 0.82% |
| Ultratech CementCement & Cement Products | 0.72% | 0.90% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.71% | 1.30% |
| Bajaj FinanceFinance | 1.29% | 0.63% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.03% | 0.55% |
| Tata Consultancy ServicesIT - Software | 1.21% | 0.55% |
| Adani PowerPower | 0.52% | 0.98% |
| Bajaj FinservFinance | 0.53% | 0.51% |
| Tech MahindraIT - Software | 0.50% | 0.57% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.44% | 0.73% |
| ITCDiversified FMCG | 1.47% | 0.44% |
| Tata Motors Passenger VehiclesAutomobiles | 0.44% | 1.47% |
| Cummins IndiaIndustrial Products | 0.43% | 1.26% |
| The Federal BankBanks | 0.38% | 1.60% |
| HDFC Life Insurance CompanyInsurance | 0.34% | 0.50% |
| Hindustan UnileverDiversified FMCG | 1.02% | 0.34% |
| Hero MotoCorpAutomobiles | 0.33% | 0.90% |
| Bharat Petroleum CorporationPetroleum Products | 0.31% | 0.54% |
| PB FintechFinancial Technology (Fintech) | 0.31% | 1.23% |
| Indus TowersTelecom - Services | 0.30% | 0.85% |
| Adani Energy SolutionsPower | 0.28% | 0.98% |
| Bank of BarodaBanks | 0.27% | 0.83% |
| Jindal SteelFerrous Metals | 0.24% | 1.07% |
| Max Financial ServicesInsurance | 0.23% | 0.77% |
| MaricoAgricultural Food & Other Products | 0.23% | 0.80% |
| ICICI Lombard General Insurance CompanyInsurance | 0.23% | 0.61% |
| Ambuja CementsCement & Cement Products | 0.15% | 0.58% |
| Maruti Suzuki IndiaAutomobiles | 0.92% | 0.14% |
| Godrej PropertiesRealty | 0.13% | 0.62% |
| L&T FinanceFinance | 0.13% | 0.68% |
| Prestige Estates ProjectsRealty | 0.12% | 0.50% |
| PI IndustriesFertilizers & Agrochemicals | 0.12% | 0.37% |
| RBL BankBanks | 0.11% | 1.02% |
| Aster DM HealthcareHealthcare Services | 0.10% | 0.82% |
| ThermaxElectrical Equipment | 0.10% | 0.79% |
| WockhardtPharmaceuticals & Biotechnology | 0.09% | 0.77% |
| Dr. Lal Path LabsHealthcare Services | 0.07% | 0.84% |
| The Ramco CementsCement & Cement Products | 0.06% | 0.48% |
| Brigade EnterprisesRealty | 0.05% | 0.29% |
| Five Star Business FinanceFinance | 0.05% | 0.25% |
| R R KabelIndustrial Products | 0.04% | 0.47% |
| KEC InternationalConstruction | 0.03% | 0.51% |
| Afcons InfrastructureConstruction | 0.03% | 0.71% |
| Niva Bupa Health Insurance CompanyInsurance | 0.03% | 1.46% |
| Paradeep PhosphatesFertilizers & Agrochemicals | 0.03% | 0.45% |
| Gravita IndiaMinerals & Mining | 0.03% | 0.43% |
| Graphite IndiaIndustrial Products | 0.03% | 0.50% |
| Dr Agarwal's Health CareHealthcare Services | 0.02% | 1.02% |
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.