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27 of 150 unique stocks in common · Jaccard: 18%
A weighted portfolio overlap of 28.22% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.22 is allocated to the exact same companies at the same relative proportions. The schemes share 27 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.59% in ICICI Prudential Multi Asset Allocation Fund and 5.79% in UTI Aggressive Hybrid 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 | 5.59% | 5.79% |
| ICICI BankBanks | 3.76% | 5.72% |
| Reliance IndustriesPetroleum Products | 3.26% | 3.95% |
| InfosysIT - Software | 1.72% | 3.81% |
| ITCDiversified FMCG | 1.59% | 2.34% |
| Life Insurance Corporation Of IndiaInsurance | 3.81% | 1.41% |
| Interglobe AviationTransport Services | 1.88% | 1.14% |
| Bharti AirtelTelecom - Services | 1.11% | 2.45% |
| State Bank of IndiaBanks | 0.94% | 3.08% |
| Larsen & ToubroConstruction | 0.85% | 3.12% |
| IndusInd BankBanks | 1.34% | 0.77% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.75% | 0.69% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.75% | 0.69% |
| Info Edge (India)Retailing | 0.67% | 1.34% |
| Oil & Natural Gas CorporationOil | 0.64% | 0.60% |
| General Insurance Corporation of IndiaInsurance | 0.49% | 0.84% |
| Coal IndiaConsumable Fuels | 0.44% | 0.54% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.44% | 1.28% |
| Mahindra & MahindraAutomobiles | 0.43% | 1.56% |
| Grasim IndustriesCement & Cement Products | 0.40% | 0.97% |
| UPLFertilizers & Agrochemicals | 0.30% | 0.32% |
| HCL TechnologiesIT - Software | 0.29% | 1.26% |
| Maruti Suzuki IndiaAutomobiles | 1.49% | 0.24% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.21% | 0.33% |
| Hero MotoCorpAutomobiles | 0.12% | 1.45% |
| Indus TowersTelecom - Services | 0.05% | 0.89% |
| Vedanta PowerPower | 0.03% | 0.02% |
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.