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13 of 82 unique stocks in common · Jaccard: 15.9%
A weighted portfolio overlap of 13.28% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.28 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is Eternal, which commands a weight of 2.35% in ICICI Prudential Technology Fund and 9.48% in UTI Innovation Fund. Holding both schemes increases your concentration in Eternal 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 |
|---|---|---|
| EternalRetailing | 2.35% | 9.48% |
| Info Edge (India)Retailing | 1.87% | 8.96% |
| SwiggyRetailing | 1.87% | 1.66% |
| Rate Gain Travel TechnologiesIT - Software | 1.24% | 4.49% |
| C.E. Info SystemsIT - Software | 1.14% | 1.82% |
| L&T Technology ServicesIT - Services | 1.10% | 1.24% |
| PB FintechFinancial Technology (Fintech) | 1.02% | 4.21% |
| KPIT TechnologiesIT - Software | 0.93% | 2.25% |
| DelhiveryTransport Services | 0.58% | 2.16% |
| Yatra OnlineLeisure Services | 0.40% | 2.39% |
| Fractal AnalyticsIT - Software | 0.38% | 0.96% |
| Affle 3iIT - Services | 0.32% | 5.47% |
| TBO TekLeisure Services | 0.29% | 1.22% |
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.