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14 of 64 unique stocks in common · Jaccard: 21.9%
A weighted portfolio overlap of 33.21% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹33.21 is allocated to the exact same companies at the same relative proportions. The schemes share 14 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 8.30% in UTI Nifty 50 ETF. 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 UTI |
|---|---|---|
| ICICI BankBanks | 8.07% | 8.30% |
| HDFC BankBanks | 4.95% | 10.53% |
| Bharti AirtelTelecom - Services | 3.70% | 5.19% |
| Axis BankBanks | 6.68% | 3.41% |
| InfosysIT - Software | 2.41% | 3.76% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.17% | 1.76% |
| EternalRetailing | 2.66% | 1.67% |
| Titan CompanyConsumer Durables | 3.30% | 1.55% |
| NTPCPower | 1.45% | 1.70% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 4.60% | 1.23% |
| TrentRetailing | 2.73% | 0.87% |
| Tata Motors Passenger VehiclesAutomobiles | 2.58% | 0.76% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 2.19% | 0.73% |
| Max Healthcare InstituteHealthcare Services | 2.90% | 0.66% |
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.