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25 of 113 unique stocks in common · Jaccard: 22.1%
A weighted portfolio overlap of 40.08% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹40.08 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.73% in ICICI Prudential India Opportunities Fund and 8.28% in UTI Value 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 UTI |
|---|---|---|
| HDFC BankBanks | 6.73% | 8.28% |
| ICICI BankBanks | 5.33% | 5.84% |
| Axis BankBanks | 4.88% | 3.82% |
| InfosysIT - Software | 6.00% | 3.39% |
| Bharti AirtelTelecom - Services | 3.06% | 4.35% |
| Reliance IndustriesPetroleum Products | 3.57% | 2.75% |
| Mahindra & MahindraAutomobiles | 2.43% | 3.01% |
| State Bank of IndiaBanks | 1.63% | 3.44% |
| ICICI Lombard General Insurance CompanyInsurance | 1.86% | 1.55% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.68% | 1.46% |
| Info Edge (India)Retailing | 1.80% | 1.32% |
| HDFC Life Insurance CompanyInsurance | 2.50% | 1.03% |
| Oil & Natural Gas CorporationOil | 0.93% | 0.93% |
| Hindustan AeronauticsAerospace & Defense | 0.80% | 0.93% |
| PI IndustriesFertilizers & Agrochemicals | 1.50% | 0.75% |
| Aditya Birla Lifestyle BrandsRetailing | 0.56% | 0.51% |
| IndusInd BankBanks | 0.48% | 1.70% |
| AIA EngineeringIndustrial Products | 0.43% | 1.17% |
| CiplaPharmaceuticals & Biotechnology | 0.41% | 1.75% |
| MphasisIT - Software | 0.35% | 1.72% |
| Maruti Suzuki IndiaAutomobiles | 0.32% | 2.20% |
| SwiggyRetailing | 0.31% | 0.72% |
| PVR INOXEntertainment | 0.12% | 0.93% |
| PNC InfratechConstruction | 0.12% | 0.75% |
| Samvardhana Motherson InternationalAuto Components | 0.06% | 0.99% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.