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26 of 102 unique stocks in common · Jaccard: 25.5%
A weighted portfolio overlap of 45.93% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹45.93 is allocated to the exact same companies at the same relative proportions. The schemes share 26 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.15% in ICICI Prudential Dividend Yield Equity Fund and 5.75% in Tata Flexi Cap 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 Tata |
|---|---|---|
| HDFC BankBanks | 7.15% | 5.75% |
| ICICI BankBanks | 5.99% | 5.49% |
| Reliance IndustriesPetroleum Products | 4.19% | 4.31% |
| Axis BankBanks | 4.63% | 3.63% |
| Bharti AirtelTelecom - Services | 2.83% | 3.56% |
| Larsen & ToubroConstruction | 3.13% | 2.75% |
| NTPCPower | 4.09% | 2.61% |
| Maruti Suzuki IndiaAutomobiles | 3.26% | 2.38% |
| Britannia IndustriesFood Products | 1.85% | 1.76% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 5.82% | 1.74% |
| InfosysIT - Software | 1.85% | 1.66% |
| Tata Consultancy ServicesIT - Software | 2.29% | 1.53% |
| SBI Life Insurance CompanyInsurance | 1.44% | 1.94% |
| Indus TowersTelecom - Services | 1.16% | 1.59% |
| PI IndustriesFertilizers & Agrochemicals | 1.11% | 0.84% |
| IndusInd BankBanks | 0.81% | 1.60% |
| ITCDiversified FMCG | 0.74% | 1.74% |
| Ambuja CementsCement & Cement Products | 0.73% | 2.33% |
| Bharat Petroleum CorporationPetroleum Products | 0.66% | 0.65% |
| Kotak Mahindra BankBanks | 0.64% | 1.29% |
| HDFC Life Insurance CompanyInsurance | 0.62% | 1.76% |
| Dabur IndiaPersonal Products | 0.60% | 1.42% |
| Oil IndiaOil | 0.57% | 0.75% |
| MphasisIT - Software | 0.41% | 0.94% |
| Samvardhana Motherson InternationalAuto Components | 0.27% | 2.08% |
| G R InfraprojectsConstruction | 0.13% | 0.62% |
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.