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31 of 248 unique stocks in common · Jaccard: 12.5%
A weighted portfolio overlap of 24.24% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.24 is allocated to the exact same companies at the same relative proportions. The schemes share 31 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 6.00% in ICICI Prudential India Opportunities Fund and 7.13% in UTI Nifty500 Shariah Index 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 UTI |
|---|---|---|
| InfosysIT - Software | 6.00% | 7.13% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.68% | 3.34% |
| Hindustan UnileverDiversified FMCG | 2.01% | 3.35% |
| Tata Consultancy ServicesIT - Software | 1.74% | 4.04% |
| Tata Motors Passenger VehiclesAutomobiles | 1.59% | 1.44% |
| TrentRetailing | 1.20% | 1.64% |
| Britannia IndustriesFood Products | 1.81% | 1.07% |
| Oil & Natural Gas CorporationOil | 0.93% | 1.80% |
| CoforgeIT - Software | 1.56% | 0.87% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.73% | 1.39% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 0.73% | 0.70% |
| Avenue SupermartsRetailing | 0.58% | 1.05% |
| Ultratech CementCement & Cement Products | 0.56% | 2.38% |
| CiplaPharmaceuticals & Biotechnology | 0.41% | 1.38% |
| MphasisIT - Software | 0.35% | 0.53% |
| SwiggyRetailing | 0.31% | 0.62% |
| Kalpataru Projects InternationalConstruction | 0.74% | 0.26% |
| Apollo TyresAuto Components | 0.41% | 0.22% |
| KPIT TechnologiesIT - Software | 1.08% | 0.22% |
| Tata ChemicalsChemicals & Petrochemicals | 0.59% | 0.21% |
| CyientIT - Services | 0.17% | 0.13% |
| Chambal Fertilizers & ChemicalsFertilizers & Agrochemicals | 0.27% | 0.12% |
| Cohance LifesciencesPharmaceuticals & Biotechnology | 0.28% | 0.12% |
| KEC InternationalConstruction | 0.32% | 0.11% |
| Inox WindElectrical Equipment | 0.10% | 0.16% |
| CIE Automotive IndiaAuto Components | 0.28% | 0.10% |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | 0.09% | 0.56% |
| Aditya Birla Lifestyle BrandsRetailing | 0.56% | 0.09% |
| Brainbees SolutionsRetailing | 0.44% | 0.09% |
| TBO TekLeisure Services | 0.71% | 0.07% |
| Samvardhana Motherson InternationalAuto Components | 0.06% | 1.13% |
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.