Loading fund overlap…
15 of 114 unique stocks in common · Jaccard: 13.2%
A weighted portfolio overlap of 13.17% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.17 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 HDFC Bank, which commands a weight of 6.88% in ICICI Prudential Children’s Fund and 2.88% in UTI Retirement 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 ICICI | in UTI |
|---|---|---|
| HDFC BankBanks | 6.88% | 2.88% |
| InfosysIT - Software | 3.30% | 1.91% |
| Reliance IndustriesPetroleum Products | 8.45% | 1.42% |
| Power Grid Corporation of IndiaPower | 1.03% | 1.14% |
| HCL TechnologiesIT - Software | 2.84% | 0.76% |
| State Bank of IndiaBanks | 3.43% | 0.75% |
| Life Insurance Corporation of IndiaInsurance | 1.31% | 0.70% |
| Indus TowersTelecom - Services | 0.63% | 0.88% |
| ITCDiversified FMCG | 0.61% | 1.31% |
| Grasim IndustriesCement & Cement Products | 2.55% | 0.57% |
| Hero MotoCorpAutomobiles | 1.22% | 0.49% |
| InterGlobe AviationTransport Services | 0.63% | 0.47% |
| G R InfraprojectsConstruction | 0.73% | 0.38% |
| ICICI Prudential Life Insurance CompanyInsurance | 1.30% | 0.37% |
| Alembic PharmaceuticalsPharmaceuticals & Biotechnology | 0.63% | 0.20% |
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.