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22 of 144 unique stocks in common · Jaccard: 15.3%
A weighted portfolio overlap of 24.06% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.06 is allocated to the exact same companies at the same relative proportions. The schemes share 22 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.76% in ICICI Prudential Multi Asset Allocation Fund and 4.65% in Tata Aggressive Hybrid 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 Tata |
|---|---|---|
| ICICI BankBanks | 3.76% | 4.65% |
| HDFC BankBanks | 5.59% | 2.96% |
| Reliance IndustriesPetroleum Products | 3.26% | 2.51% |
| Axis BankBanks | 2.38% | 2.24% |
| InfosysIT - Software | 1.72% | 1.81% |
| Maruti Suzuki IndiaAutomobiles | 1.49% | 1.66% |
| Hindustan UnileverDiversified FMCG | 1.51% | 1.31% |
| Kotak Mahindra BankBanks | 1.30% | 1.75% |
| Interglobe AviationTransport Services | 1.88% | 1.16% |
| Bharti AirtelTelecom - Services | 1.11% | 3.56% |
| State Bank of IndiaBanks | 0.94% | 2.53% |
| Larsen & ToubroConstruction | 0.85% | 1.49% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.44% | 1.60% |
| Mahindra & MahindraAutomobiles | 0.43% | 2.10% |
| Grasim IndustriesCement & Cement Products | 0.40% | 1.43% |
| Samvardhana Motherson InternationalAuto Components | 0.40% | 1.47% |
| Britannia IndustriesFood Products | 0.29% | 1.88% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.21% | 0.99% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.17% | 1.17% |
| Titan CompanyConsumer Durables | 0.15% | 1.13% |
| Bharat Petroleum CorporationPetroleum Products | 0.11% | 0.96% |
| Ultratech CementCement & Cement Products | 0.10% | 0.98% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.