Loading fund overlap…
15 of 50 unique stocks in common · Jaccard: 30%
A weighted portfolio overlap of 55.42% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹55.42 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 ICICI Bank, which commands a weight of 7.05% in ICICI Prudential Nifty Top 15 Equal Weight Index Fund and 9.45% in UTI Nifty 50 Index 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 | 7.05% | 9.45% |
| Reliance IndustriesPetroleum Products | 6.47% | 7.83% |
| HDFC BankBanks | 5.95% | 9.85% |
| Bharti AirtelTelecom - Services | 6.43% | 5.00% |
| Larsen & ToubroConstruction | 6.44% | 4.30% |
| State Bank of IndiaBanks | 6.82% | 3.98% |
| InfosysIT - Software | 7.14% | 3.61% |
| Axis BankBanks | 6.25% | 3.39% |
| Kotak Mahindra BankBanks | 6.88% | 2.80% |
| Mahindra & MahindraAutomobiles | 7.13% | 2.66% |
| Bajaj FinanceFinance | 7.10% | 2.57% |
| ITCDiversified FMCG | 5.86% | 2.24% |
| Tata Consultancy ServicesIT - Software | 7.57% | 2.22% |
| Maruti Suzuki IndiaAutomobiles | 6.80% | 1.60% |
| Hindustan UnileverDiversified FMCG | 6.07% | 1.58% |
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.