Loading fund overlap…
28 of 252 unique stocks in common · Jaccard: 11.1%
A weighted portfolio overlap of 23.83% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.83 is allocated to the exact same companies at the same relative proportions. The schemes share 28 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 3.60% in ICICI Prudential Large Cap Fund and 7.13% in UTI Nifty500 Shariah Index Fund. Holding both schemes increases your concentration in Infosys 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 |
|---|---|---|
| InfosysIT - Software | 3.60% | 7.13% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.65% | 3.34% |
| Ultratech CementCement & Cement Products | 2.69% | 2.38% |
| Asian PaintsConsumer Durables | 2.02% | 2.11% |
| Oil & Natural Gas CorporationOil | 1.25% | 1.80% |
| Hero MotoCorpAutomobiles | 1.59% | 1.11% |
| Avenue SupermartsRetailing | 0.92% | 1.05% |
| Britannia IndustriesFood Products | 0.91% | 1.07% |
| Cummins IndiaIndustrial Products | 0.91% | 1.39% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.87% | 1.39% |
| Hindustan UnileverDiversified FMCG | 0.83% | 3.35% |
| TrentRetailing | 0.68% | 1.64% |
| Bharat Petroleum CorporationPetroleum Products | 0.60% | 1.06% |
| Max Healthcare InstituteHealthcare Services | 0.59% | 1.26% |
| Tech MahindraIT - Software | 0.50% | 1.65% |
| Hyundai Motor IndiaAutomobiles | 0.95% | 0.48% |
| HCL TechnologiesIT - Software | 0.47% | 2.19% |
| Page IndustriesTextiles & Apparels | 0.62% | 0.42% |
| SwiggyRetailing | 0.42% | 0.62% |
| Zydus LifesciencesPharmaceuticals & Biotechnology | 0.40% | 0.47% |
| Tata Motors Passenger VehiclesAutomobiles | 0.36% | 1.44% |
| Godrej Consumer ProductsPersonal Products | 0.33% | 0.72% |
| CiplaPharmaceuticals & Biotechnology | 0.33% | 1.38% |
| Havells IndiaConsumer Durables | 0.28% | 0.52% |
| Supreme IndustriesIndustrial Products | 0.21% | 0.40% |
| LupinPharmaceuticals & Biotechnology | 0.19% | 0.96% |
| Hexaware TechnologiesIT - Software | 0.07% | 0.13% |
| GAIL (India)Gas | 0.07% | 0.78% |
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.