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21 of 90 unique stocks in common · Jaccard: 23.3%
A weighted portfolio overlap of 35.23% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.23 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.41% in ICICI Prudential Quant Fund and 5.75% in Tata Flexi Cap 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 Tata |
|---|---|---|
| HDFC BankBanks | 5.41% | 5.75% |
| ICICI BankBanks | 4.24% | 5.49% |
| Bharti AirtelTelecom - Services | 5.14% | 3.56% |
| ITCDiversified FMCG | 3.43% | 1.74% |
| InfosysIT - Software | 4.44% | 1.66% |
| Axis BankBanks | 1.65% | 3.63% |
| Emmvee Photovoltaic PowerElectrical Equipment | 2.13% | 1.57% |
| Tata Consultancy ServicesIT - Software | 3.65% | 1.53% |
| Godrej Consumer ProductsPersonal Products | 1.48% | 1.56% |
| Britannia IndustriesFood Products | 1.47% | 1.76% |
| Kotak Mahindra BankBanks | 3.33% | 1.29% |
| SBI Life Insurance CompanyInsurance | 1.19% | 1.94% |
| HDFC Asset Management CompanyCapital Markets | 2.05% | 1.11% |
| Asian PaintsConsumer Durables | 1.61% | 1.05% |
| Pidilite IndustriesChemicals & Petrochemicals | 1.01% | 1.60% |
| The Indian Hotels CompanyLeisure Services | 1.44% | 0.99% |
| Page IndustriesTextiles & Apparels | 1.08% | 0.94% |
| SBI Cards and Payment ServicesFinance | 0.93% | 1.39% |
| PI IndustriesFertilizers & Agrochemicals | 2.37% | 0.84% |
| Ambuja CementsCement & Cement Products | 0.81% | 2.33% |
| Abbott IndiaPharmaceuticals & Biotechnology | 0.77% | 0.93% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.