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26 of 126 unique stocks in common · Jaccard: 20.6%
A weighted portfolio overlap of 27.39% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.39 is allocated to the exact same companies at the same relative proportions. The schemes share 26 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.72% in ICICI Prudential Large Cap Fund and 3.26% in Tata Dividend Yield Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 8.72% | 3.26% |
| Larsen & ToubroConstruction | 5.38% | 3.15% |
| HDFC BankBanks | 8.46% | 2.97% |
| NTPCPower | 2.38% | 1.92% |
| Reliance IndustriesPetroleum Products | 5.41% | 1.78% |
| Bharti AirtelTelecom - Services | 4.34% | 1.69% |
| InfosysIT - Software | 3.60% | 1.30% |
| Axis BankBanks | 4.67% | 1.25% |
| Hindustan AeronauticsAerospace & Defense | 1.11% | 1.37% |
| Power Grid Corporation of IndiaPower | 1.08% | 1.94% |
| State Bank of IndiaBanks | 1.02% | 2.14% |
| ITCDiversified FMCG | 0.94% | 0.95% |
| Ultratech CementCement & Cement Products | 2.69% | 0.79% |
| HDFC Asset Management CompanyCapital Markets | 0.69% | 1.89% |
| Mahindra & MahindraAutomobiles | 2.34% | 0.66% |
| Tata Power CompanyPower | 0.60% | 0.93% |
| Bharat Petroleum CorporationPetroleum Products | 0.60% | 0.98% |
| InterGlobe AviationTransport Services | 1.83% | 0.58% |
| TVS Motor CompanyAutomobiles | 0.49% | 1.63% |
| Tata SteelFerrous Metals | 0.43% | 0.40% |
| VedantaDiversified Metals | 0.29% | 0.47% |
| Havells IndiaConsumer Durables | 0.28% | 0.46% |
| NHPCPower | 0.27% | 1.11% |
| Bajaj AutoAutomobiles | 0.17% | 1.16% |
| GAIL (India)Gas | 0.07% | 0.75% |
| The Indian Hotels CompanyLeisure Services | 0.04% | 1.01% |
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.