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23 of 126 unique stocks in common · Jaccard: 18.3%
A weighted portfolio overlap of 31.08% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.08 is allocated to the exact same companies at the same relative proportions. The schemes share 23 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 4.99% in UTI 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 UTI |
|---|---|---|
| HDFC BankBanks | 8.46% | 4.99% |
| ICICI BankBanks | 8.72% | 3.01% |
| InfosysIT - Software | 3.60% | 2.82% |
| Bharti AirtelTelecom - Services | 4.34% | 2.73% |
| Larsen & ToubroConstruction | 5.38% | 2.69% |
| Reliance IndustriesPetroleum Products | 5.41% | 2.17% |
| Hero MotoCorpAutomobiles | 1.59% | 1.67% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 1.26% |
| Mahindra & MahindraAutomobiles | 2.34% | 1.25% |
| InterGlobe AviationTransport Services | 1.83% | 1.17% |
| Power Grid Corporation of IndiaPower | 1.08% | 2.56% |
| ICICI Prudential Life Insurance CompanyInsurance | 1.08% | 1.14% |
| State Bank of IndiaBanks | 1.02% | 1.42% |
| ITCDiversified FMCG | 0.94% | 2.67% |
| Tata Power CompanyPower | 0.60% | 1.24% |
| Info Edge (India)Retailing | 0.51% | 1.53% |
| HCL TechnologiesIT - Software | 0.47% | 1.54% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.68% | 0.46% |
| Grasim IndustriesCement & Cement Products | 0.35% | 1.69% |
| Life Insurance Corporation of IndiaInsurance | 0.29% | 1.30% |
| VedantaDiversified Metals | 0.29% | 0.52% |
| WiproIT - Software | 0.17% | 2.28% |
| Oil IndiaOil | 0.15% | 1.45% |
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.