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15 of 113 unique stocks in common · Jaccard: 13.3%
A weighted portfolio overlap of 19.1% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.1 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 4.89% in ICICI Prudential India Opportunities Fund and 7.25% in Tata Ethical Fund. Holding both schemes increases your concentration in Infosys 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 |
|---|---|---|
| InfosysIT - Software | 4.89% | 7.25% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 2.36% | 2.96% |
| Britannia IndustriesFood Products | 2.04% | 2.04% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.88% | 2.40% |
| Hindustan UnileverDiversified FMCG | 1.84% | 2.90% |
| Tata Consultancy ServicesIT - Software | 1.00% | 5.76% |
| SwiggyRetailing | 0.81% | 1.74% |
| Ultratech CementCement & Cement Products | 0.75% | 2.44% |
| Avenue SupermartsRetailing | 0.93% | 0.74% |
| CiplaPharmaceuticals & Biotechnology | 0.62% | 2.32% |
| Jindal SteelFerrous Metals | 0.50% | 2.78% |
| KPIT TechnologiesIT - Software | 1.11% | 0.48% |
| Bharat Petroleum CorporationPetroleum Products | 0.47% | 2.18% |
| Tata ChemicalsChemicals & Petrochemicals | 0.37% | 1.09% |
| MphasisIT - Software | 0.35% | 2.20% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.