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14 of 118 unique stocks in common · Jaccard: 11.9%
A weighted portfolio overlap of 26.74% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.74 is allocated to the exact same companies at the same relative proportions. The schemes share 14 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 8.22% in Tata Large & Mid Cap 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% | 8.22% |
| Bharti AirtelTelecom - Services | 4.34% | 3.94% |
| Reliance IndustriesPetroleum Products | 5.41% | 3.90% |
| ICICI BankBanks | 8.72% | 3.71% |
| Larsen & ToubroConstruction | 5.38% | 1.90% |
| State Bank of IndiaBanks | 1.02% | 5.20% |
| ITCDiversified FMCG | 0.94% | 0.85% |
| Ultratech CementCement & Cement Products | 2.69% | 0.83% |
| Kotak Mahindra BankBanks | 1.21% | 0.72% |
| InfosysIT - Software | 3.60% | 0.68% |
| Tata Motors Passenger VehiclesAutomobiles | 0.36% | 1.06% |
| United BreweriesBeverages | 0.30% | 1.79% |
| NHPCPower | 0.27% | 0.80% |
| ITC HotelsLeisure Services | 0.38% | 0.05% |
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.