Loading fund overlap…
21 of 138 unique stocks in common · Jaccard: 15.2%
A weighted portfolio overlap of 24.25% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.25 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 5.41% in ICICI Prudential Large Cap Fund and 2.78% in Tata Multicap Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 5.41% | 2.78% |
| NTPCPower | 2.38% | 2.71% |
| Axis BankBanks | 4.67% | 2.32% |
| Bharti AirtelTelecom - Services | 4.34% | 2.20% |
| HDFC BankBanks | 8.46% | 2.13% |
| Mahindra & MahindraAutomobiles | 2.34% | 1.79% |
| ICICI BankBanks | 8.72% | 1.57% |
| InfosysIT - Software | 3.60% | 1.42% |
| Kotak Mahindra BankBanks | 1.21% | 1.44% |
| State Bank of IndiaBanks | 1.02% | 2.00% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 0.99% |
| Ultratech CementCement & Cement Products | 2.69% | 0.97% |
| Cummins IndiaIndustrial Products | 0.91% | 1.15% |
| EternalRetailing | 0.54% | 1.21% |
| Tata SteelFerrous Metals | 0.43% | 0.47% |
| SwiggyRetailing | 0.42% | 0.78% |
| ICICI Lombard General Insurance CompanyInsurance | 0.40% | 1.29% |
| VedantaDiversified Metals | 0.29% | 0.72% |
| Havells IndiaConsumer Durables | 0.28% | 0.44% |
| Oil IndiaOil | 0.15% | 0.43% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.08% | 2.70% |
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.