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16 of 117 unique stocks in common · Jaccard: 13.7%
A weighted portfolio overlap of 32.05% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.05 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.46% in ICICI Prudential Large Cap Fund and 5.89% in Tata Childrens 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 | 8.46% | 5.89% |
| Reliance IndustriesPetroleum Products | 5.41% | 5.23% |
| ICICI BankBanks | 8.72% | 3.82% |
| Larsen & ToubroConstruction | 5.38% | 3.72% |
| Axis BankBanks | 4.67% | 3.23% |
| InfosysIT - Software | 3.60% | 2.24% |
| Kotak Mahindra BankBanks | 1.21% | 3.51% |
| HDFC Life Insurance CompanyInsurance | 1.16% | 1.81% |
| United SpiritsBeverages | 0.97% | 1.78% |
| ITCDiversified FMCG | 0.94% | 1.96% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.87% | 2.38% |
| Hindustan UnileverDiversified FMCG | 0.83% | 2.62% |
| Shree CementCement & Cement Products | 0.77% | 1.92% |
| Titan CompanyConsumer Durables | 0.43% | 3.22% |
| ICICI Lombard General Insurance CompanyInsurance | 0.40% | 2.18% |
| Tata Motors Passenger VehiclesAutomobiles | 0.36% | 1.20% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.