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41 of 167 unique stocks in common · Jaccard: 24.6%
A weighted portfolio overlap of 24.7% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.7 is allocated to the exact same companies at the same relative proportions. The schemes share 41 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 3.33% in UTI Multi Asset Allocation 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 UTI |
|---|---|---|
| ICICI BankBanks | 3.76% | 3.33% |
| HDFC BankBanks | 5.59% | 2.50% |
| InfosysIT - Software | 1.72% | 1.75% |
| Interglobe AviationTransport Services | 1.88% | 1.67% |
| ITCDiversified FMCG | 1.59% | 2.36% |
| Kotak Mahindra BankBanks | 1.30% | 2.97% |
| Bharti AirtelTelecom - Services | 1.11% | 1.40% |
| State Bank of IndiaBanks | 0.94% | 1.61% |
| Axis BankBanks | 2.38% | 0.83% |
| Tata Consultancy ServicesIT - Software | 0.75% | 2.60% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.06% | 0.74% |
| Reliance IndustriesPetroleum Products | 3.26% | 0.71% |
| Maruti Suzuki IndiaAutomobiles | 1.49% | 0.68% |
| Hindustan UnileverDiversified FMCG | 1.51% | 0.67% |
| Hyundai Motor IndiaAutomobiles | 0.65% | 0.52% |
| Coal IndiaConsumable Fuels | 0.44% | 1.29% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.44% | 0.47% |
| Page IndustriesTextiles & Apparels | 0.80% | 0.42% |
| Asian PaintsConsumer Durables | 0.35% | 1.61% |
| Life Insurance Corporation Of IndiaInsurance | 3.81% | 0.33% |
| Bharat ElectronicsAerospace & Defense | 0.31% | 1.83% |
| Eicher MotorsAutomobiles | 0.30% | 1.27% |
| Nestle IndiaFood Products | 0.30% | 2.73% |
| Britannia IndustriesFood Products | 0.29% | 1.59% |
| HCL TechnologiesIT - Software | 0.29% | 1.43% |
| Bajaj FinservFinance | 2.58% | 0.26% |
| SBI Life Insurance CompanyInsurance | 0.45% | 0.25% |
| Indian Railway Catering And Tourism CorporationLeisure Services | 0.26% | 0.23% |
| HDFC Life Insurance CompanyInsurance | 0.57% | 0.20% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.21% | 0.19% |
| Pidilite IndustriesChemicals & Petrochemicals | 0.15% | 0.82% |
| Titan CompanyConsumer Durables | 0.15% | 1.63% |
| Bharat ForgeAuto Components | 0.12% | 0.63% |
| Hero MotoCorpAutomobiles | 0.12% | 0.84% |
| Ultratech CementCement & Cement Products | 0.10% | 0.45% |
| ICICI Lombard General Insurance CompanyInsurance | 0.42% | 0.10% |
| Dabur IndiaPersonal Products | 0.11% | 0.08% |
| Shree CementCement & Cement Products | 0.90% | 0.08% |
| Indus TowersTelecom - Services | 0.05% | 0.63% |
| Indiamart IntermeshRetailing | 0.26% | 0.04% |
| Vedanta PowerPower | 0.03% | 0.04% |
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.