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8 of 94 unique stocks in common · Jaccard: 8.5%
A weighted portfolio overlap of 22.72% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.72 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 HDFC Bank, which commands a weight of 8.56% in ICICI Prudential India Opportunities Fund and 8.85% in Tata Housing Opportunities 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 | 8.56% | 8.85% |
| ICICI BankBanks | 5.87% | 7.29% |
| Larsen & ToubroConstruction | 2.95% | 5.65% |
| Kotak Mahindra BankBanks | 2.02% | 2.50% |
| NTPCPower | 1.72% | 5.20% |
| Ultratech CementCement & Cement Products | 0.75% | 8.32% |
| Jindal SteelFerrous Metals | 0.50% | 1.09% |
| State Bank of IndiaBanks | 0.34% | 1.99% |
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.