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17 of 94 unique stocks in common · Jaccard: 18.1%
A weighted portfolio overlap of 44.59% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹44.59 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.72% in ICICI Prudential Large Cap Fund and 8.75% in UTI Focused Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 8.72% | 8.75% |
| HDFC BankBanks | 8.46% | 8.17% |
| Reliance IndustriesPetroleum Products | 5.41% | 5.15% |
| Larsen & ToubroConstruction | 5.38% | 4.61% |
| Bharti AirtelTelecom - Services | 4.34% | 3.86% |
| InfosysIT - Software | 3.60% | 4.17% |
| Mahindra & MahindraAutomobiles | 2.34% | 2.89% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 2.22% |
| Kotak Mahindra BankBanks | 1.21% | 3.73% |
| Hindustan AeronauticsAerospace & Defense | 1.11% | 1.78% |
| Shree CementCement & Cement Products | 0.77% | 2.03% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.68% | 2.08% |
| EternalRetailing | 0.54% | 5.08% |
| Tech MahindraIT - Software | 0.50% | 3.06% |
| Tata SteelFerrous Metals | 0.43% | 3.82% |
| Titan CompanyConsumer Durables | 0.43% | 3.30% |
| Havells IndiaConsumer Durables | 0.28% | 2.16% |
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.