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19 of 121 unique stocks in common · Jaccard: 15.7%
A weighted portfolio overlap of 18.89% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.89 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 3.60% in ICICI Prudential Large Cap Fund and 7.66% in Tata Ethical 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 Tata |
|---|---|---|
| InfosysIT - Software | 3.60% | 7.66% |
| Ultratech CementCement & Cement Products | 2.69% | 2.52% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.65% | 2.24% |
| Asian PaintsConsumer Durables | 2.02% | 1.23% |
| Hero MotoCorpAutomobiles | 1.59% | 1.03% |
| Britannia IndustriesFood Products | 0.91% | 2.09% |
| Cummins IndiaIndustrial Products | 0.91% | 1.97% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.87% | 2.40% |
| Hindustan UnileverDiversified FMCG | 0.83% | 3.27% |
| Avenue SupermartsRetailing | 0.92% | 0.79% |
| Hyundai Motor IndiaAutomobiles | 0.95% | 0.64% |
| Page IndustriesTextiles & Apparels | 0.62% | 0.92% |
| Bharat Petroleum CorporationPetroleum Products | 0.60% | 2.07% |
| Tech MahindraIT - Software | 0.50% | 3.51% |
| HCL TechnologiesIT - Software | 0.47% | 2.95% |
| Godrej Consumer ProductsPersonal Products | 0.33% | 1.06% |
| CiplaPharmaceuticals & Biotechnology | 0.33% | 2.38% |
| Havells IndiaConsumer Durables | 0.28% | 1.04% |
| Supreme IndustriesIndustrial Products | 0.21% | 0.60% |
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.