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15 of 103 unique stocks in common · Jaccard: 14.6%
A weighted portfolio overlap of 34.97% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹34.97 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 8.45% in ICICI Prudential Children’s Fund and 8.25% in UTI Nifty 50 ETF. 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 UTI |
|---|---|---|
| Reliance IndustriesPetroleum Products | 8.45% | 8.25% |
| HDFC BankBanks | 6.88% | 10.53% |
| State Bank of IndiaBanks | 3.43% | 3.70% |
| InfosysIT - Software | 3.30% | 3.76% |
| Axis BankBanks | 2.28% | 3.41% |
| Kotak Mahindra BankBanks | 2.18% | 2.61% |
| Tata Consultancy ServicesIT - Software | 1.60% | 2.13% |
| Hindustan UnileverDiversified FMCG | 1.41% | 1.77% |
| HCL TechnologiesIT - Software | 2.84% | 1.15% |
| Grasim IndustriesCement & Cement Products | 2.55% | 1.10% |
| Power Grid Corporation of IndiaPower | 1.03% | 1.22% |
| Bajaj FinservFinance | 2.41% | 0.95% |
| InterGlobe AviationTransport Services | 0.63% | 0.92% |
| ITCDiversified FMCG | 0.61% | 2.56% |
| EternalRetailing | 0.18% | 1.67% |
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.