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17 of 94 unique stocks in common · Jaccard: 18.1%
A weighted portfolio overlap of 31.13% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.13 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.59% in ICICI Prudential Housing Opportunities 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 | 6.59% | 5.75% |
| ICICI BankBanks | 5.97% | 5.49% |
| Larsen & ToubroConstruction | 7.56% | 2.75% |
| NTPCPower | 7.96% | 2.61% |
| Ambuja CementsCement & Cement Products | 1.71% | 2.33% |
| The Phoenix MillsRealty | 2.36% | 1.71% |
| Axis BankBanks | 1.69% | 3.63% |
| JSW SteelFerrous Metals | 1.89% | 1.64% |
| Orient ElectricConsumer Durables | 2.12% | 1.64% |
| SobhaRealty | 2.25% | 1.30% |
| Asian PaintsConsumer Durables | 5.84% | 1.05% |
| Kotak Mahindra BankBanks | 0.93% | 1.29% |
| Pidilite IndustriesChemicals & Petrochemicals | 0.78% | 1.60% |
| IndusInd BankBanks | 0.65% | 1.60% |
| Bajaj ElectricalsConsumer Durables | 0.57% | 0.98% |
| JSW DuluxConsumer Durables | 0.49% | 0.74% |
| JK CementCement & Cement Products | 0.77% | 0.36% |
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.