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20 of 50 unique stocks in common · Jaccard: 40%
A weighted portfolio overlap of 56.77% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹56.77 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 13.60% in ICICI Prudential Nifty50 Value 20 Index Fund and 9.85% in UTI Nifty 50 Index 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 | 13.60% | 9.85% |
| ICICI BankBanks | 13.10% | 9.45% |
| Reliance IndustriesPetroleum Products | 12.36% | 7.83% |
| State Bank of IndiaBanks | 10.39% | 3.98% |
| InfosysIT - Software | 6.66% | 3.61% |
| Axis BankBanks | 5.18% | 3.39% |
| Kotak Mahindra BankBanks | 3.55% | 2.80% |
| ITCDiversified FMCG | 4.99% | 2.24% |
| Tata Consultancy ServicesIT - Software | 4.15% | 2.22% |
| NTPCPower | 2.78% | 1.41% |
| Tata SteelFerrous Metals | 1.95% | 1.38% |
| Hindalco IndustriesNon - Ferrous Metals | 2.44% | 1.33% |
| HCL TechnologiesIT - Software | 2.51% | 1.26% |
| Grasim IndustriesCement & Cement Products | 2.17% | 1.15% |
| Power Grid Corporation of IndiaPower | 1.97% | 1.08% |
| Bajaj FinservFinance | 1.54% | 1.06% |
| Coal IndiaConsumable Fuels | 2.79% | 0.87% |
| Oil & Natural Gas CorporationOil | 3.87% | 0.82% |
| Tata Motors Passenger VehiclesAutomobiles | 3.07% | 0.59% |
| WiproIT - Software | 0.87% | 0.45% |
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.