Loading fund overlap…
14 of 111 unique stocks in common · Jaccard: 12.6%
A weighted portfolio overlap of 12.79% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.79 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 Ultratech Cement, which commands a weight of 2.69% in ICICI Prudential Large Cap Fund and 5.82% in Tata Resources & Energy Fund. Holding both schemes increases your concentration in Ultratech Cement 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 |
|---|---|---|
| Ultratech CementCement & Cement Products | 2.69% | 5.82% |
| NTPCPower | 2.38% | 3.92% |
| Reliance IndustriesPetroleum Products | 5.41% | 1.91% |
| Oil & Natural Gas CorporationOil | 1.25% | 4.23% |
| Power Grid Corporation of IndiaPower | 1.08% | 1.26% |
| Shree CementCement & Cement Products | 0.77% | 0.95% |
| Tata Power CompanyPower | 0.60% | 1.81% |
| Bharat Petroleum CorporationPetroleum Products | 0.60% | 2.27% |
| Tata SteelFerrous Metals | 0.43% | 4.52% |
| Grasim IndustriesCement & Cement Products | 0.35% | 1.58% |
| VedantaDiversified Metals | 0.29% | 2.55% |
| NHPCPower | 0.27% | 2.00% |
| Oil IndiaOil | 0.15% | 1.10% |
| Indian Oil CorporationPetroleum Products | 0.02% | 1.12% |
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.