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13 of 112 unique stocks in common · Jaccard: 11.6%
A weighted portfolio overlap of 12.85% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.85 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 7.17% in ICICI Prudential Business Cycle Fund and 2.60% in UTI - Unit Linked Insurance Plan. 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 UTI |
|---|---|---|
| ICICI BankBanks | 7.17% | 2.60% |
| HDFC BankBanks | 9.24% | 2.19% |
| Kotak Mahindra BankBanks | 3.30% | 1.52% |
| Bharti AirtelTelecom - Services | 3.12% | 1.43% |
| Info Edge (India)Retailing | 0.96% | 1.33% |
| Mahindra & MahindraAutomobiles | 1.83% | 0.93% |
| Maruti Suzuki IndiaAutomobiles | 4.09% | 0.88% |
| TrentRetailing | 0.68% | 1.03% |
| Asian PaintsConsumer Durables | 2.24% | 0.44% |
| PI IndustriesFertilizers & Agrochemicals | 0.52% | 0.40% |
| Shree CementCement & Cement Products | 1.10% | 0.35% |
| Indiamart IntermeshRetailing | 0.29% | 0.26% |
| Page IndustriesTextiles & Apparels | 0.99% | 0.22% |
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.