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10 of 108 unique stocks in common · Jaccard: 9.3%
A weighted portfolio overlap of 15.33% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.33 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.51% in ICICI Prudential Rural Opportunities Fund and 4.53% in UTI Multi 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 UTI |
|---|---|---|
| HDFC BankBanks | 5.51% | 4.53% |
| Bharti AirtelTelecom - Services | 9.53% | 1.78% |
| Ultratech CementCement & Cement Products | 3.78% | 1.53% |
| SBI Life Insurance CompanyInsurance | 1.42% | 1.45% |
| Maruti Suzuki IndiaAutomobiles | 4.07% | 1.36% |
| Bajaj FinanceFinance | 1.11% | 2.25% |
| ICICI BankBanks | 1.00% | 3.89% |
| Kotak Mahindra BankBanks | 0.96% | 4.03% |
| HDB Financial ServicesFinance | 0.87% | 1.60% |
| Life Insurance Corporation of IndiaInsurance | 3.51% | 0.76% |
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.