Loading fund overlap…
11 of 96 unique stocks in common · Jaccard: 11.5%
A weighted portfolio overlap of 14.31% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.31 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Maruti Suzuki India, which commands a weight of 4.03% in ICICI Prudential ESG Exclusionary Strategy Fund and 8.52% in UTI - MNC Fund. Holding both schemes increases your concentration in Maruti Suzuki India 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 |
|---|---|---|
| Maruti Suzuki IndiaAutomobiles | 4.03% | 8.52% |
| InfosysIT - Software | 2.71% | 2.34% |
| Advanced Enzyme TechnologiesPharmaceuticals & Biotechnology | 2.22% | 1.41% |
| Britannia IndustriesFood Products | 1.32% | 2.66% |
| Tata CommunicationsTelecom - Services | 1.42% | 1.28% |
| Tata Consultancy ServicesIT - Software | 1.22% | 1.86% |
| Hindustan UnileverDiversified FMCG | 1.01% | 5.30% |
| Schaeffler IndiaAuto Components | 0.69% | 1.69% |
| Astrazeneca Pharma IndiaPharmaceuticals & Biotechnology | 0.61% | 0.68% |
| LTIMindtreeIT - Software | 0.38% | 0.91% |
| SKF IndiaAuto Components | 0.03% | 0.50% |
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.