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8 of 45 unique stocks in common · Jaccard: 17.8%
A weighted portfolio overlap of 29.7% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.7 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.07% in ICICI Prudential Focused Equity Fund and 6.63% in Tata Focused Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 8.07% | 6.63% |
| Axis BankBanks | 6.68% | 5.61% |
| HDFC BankBanks | 4.95% | 6.94% |
| Bharti AirtelTelecom - Services | 3.70% | 3.55% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 4.60% | 2.81% |
| InfosysIT - Software | 2.41% | 3.44% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.17% | 2.30% |
| NTPCPower | 1.45% | 4.76% |
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.