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22 of 95 unique stocks in common · Jaccard: 23.2%
A weighted portfolio overlap of 40.43% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹40.43 is allocated to the exact same companies at the same relative proportions. The schemes share 22 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 7.23% in Templeton India Value 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 Templeton |
|---|---|---|
| HDFC BankBanks | 7.15% | 7.23% |
| ICICI BankBanks | 5.99% | 4.67% |
| Axis BankBanks | 4.63% | 6.78% |
| Reliance IndustriesPetroleum Products | 4.19% | 6.01% |
| Maruti Suzuki IndiaAutomobiles | 3.26% | 3.27% |
| Tata Consultancy ServicesIT - Software | 2.29% | 4.01% |
| NTPCPower | 4.09% | 2.04% |
| InfosysIT - Software | 1.85% | 3.45% |
| RECFinance | 1.85% | 2.21% |
| Oil & Natural Gas CorporationOil | 1.50% | 3.82% |
| State Bank of IndiaBanks | 1.29% | 2.66% |
| Indiamart IntermeshRetailing | 0.75% | 1.21% |
| ITCDiversified FMCG | 0.74% | 2.20% |
| Power Grid Corporation of IndiaPower | 0.71% | 1.60% |
| Bharat Petroleum CorporationPetroleum Products | 0.66% | 1.07% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.57% | 1.87% |
| TVS HoldingsFinance | 0.49% | 0.65% |
| CESCPower | 0.48% | 1.69% |
| HCL TechnologiesIT - Software | 0.48% | 1.33% |
| Tata SteelFerrous Metals | 0.47% | 2.49% |
| Zensar TechnologiesIT - Software | 0.21% | 0.69% |
| Gateway DistriparksTransport Services | 0.15% | 0.51% |
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.