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24 of 108 unique stocks in common · Jaccard: 22.2%
A weighted portfolio overlap of 38.28% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹38.28 is allocated to the exact same companies at the same relative proportions. The schemes share 24 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 8.05% in UTI - Dividend Yield 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 UTI |
|---|---|---|
| HDFC BankBanks | 8.46% | 8.05% |
| ICICI BankBanks | 8.72% | 5.27% |
| Bharti AirtelTelecom - Services | 4.34% | 2.97% |
| Mahindra & MahindraAutomobiles | 2.34% | 2.84% |
| InfosysIT - Software | 3.60% | 2.28% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 2.20% |
| NTPCPower | 2.38% | 1.88% |
| Axis BankBanks | 4.67% | 1.74% |
| Oil & Natural Gas CorporationOil | 1.25% | 1.74% |
| Kotak Mahindra BankBanks | 1.21% | 2.70% |
| DLFRealty | 1.32% | 1.12% |
| Hindustan AeronauticsAerospace & Defense | 1.11% | 1.45% |
| Power Grid Corporation of IndiaPower | 1.08% | 2.48% |
| State Bank of IndiaBanks | 1.02% | 3.26% |
| ITCDiversified FMCG | 0.94% | 1.78% |
| Procter & Gamble Hygiene and Health CarePersonal Products | 0.64% | 0.64% |
| Eicher MotorsAutomobiles | 0.62% | 1.67% |
| Bharat Petroleum CorporationPetroleum Products | 0.60% | 1.15% |
| Tech MahindraIT - Software | 0.50% | 3.05% |
| Tata SteelFerrous Metals | 0.43% | 1.80% |
| ICICI Lombard General Insurance CompanyInsurance | 0.40% | 1.70% |
| CiplaPharmaceuticals & Biotechnology | 0.33% | 1.81% |
| Bajaj AutoAutomobiles | 0.17% | 1.27% |
| Oil IndiaOil | 0.15% | 0.84% |
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.