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15 of 142 unique stocks in common · Jaccard: 10.6%
A weighted portfolio overlap of 14.23% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.23 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 HDFC Bank, which commands a weight of 5.74% in ICICI Prudential Retirement Fund - Pure Equity Plan and 2.88% in UTI Retirement 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 | 5.74% | 2.88% |
| ICICI BankBanks | 2.38% | 2.43% |
| Larsen & ToubroConstruction | 2.06% | 1.53% |
| Reliance IndustriesPetroleum Products | 4.14% | 1.42% |
| ITCDiversified FMCG | 1.28% | 1.31% |
| Bharti AirtelTelecom - Services | 1.86% | 1.16% |
| Mahindra & MahindraAutomobiles | 2.27% | 0.77% |
| InfosysIT - Software | 0.66% | 1.91% |
| InterGlobe AviationTransport Services | 0.95% | 0.47% |
| Info Edge (India)Retailing | 1.19% | 0.46% |
| The Phoenix MillsRealty | 1.48% | 0.40% |
| UPLFertilizers & Agrochemicals | 1.52% | 0.26% |
| IndusInd BankBanks | 0.24% | 0.38% |
| VedantaDiversified Metals | 0.84% | 0.20% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.12% | 0.47% |
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.