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15 of 122 unique stocks in common · Jaccard: 12.3%
A weighted portfolio overlap of 28.79% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.79 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.02% in ICICI Prudential Large & Mid Cap Fund and 8.28% in UTI Value 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 | 8.02% | 8.28% |
| Axis BankBanks | 3.40% | 3.82% |
| ICICI BankBanks | 2.46% | 5.84% |
| Maruti Suzuki IndiaAutomobiles | 2.37% | 2.20% |
| InfosysIT - Software | 2.08% | 3.39% |
| IndusInd BankBanks | 2.75% | 1.70% |
| Kotak Mahindra BankBanks | 1.57% | 3.73% |
| Reliance IndustriesPetroleum Products | 1.38% | 2.75% |
| Info Edge (India)Retailing | 3.54% | 1.32% |
| AIA EngineeringIndustrial Products | 1.67% | 1.17% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.96% | 1.46% |
| PI IndustriesFertilizers & Agrochemicals | 1.66% | 0.75% |
| SwiggyRetailing | 1.97% | 0.72% |
| Indiamart IntermeshRetailing | 0.63% | 0.70% |
| MphasisIT - Software | 0.42% | 1.72% |
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.