Loading fund overlap…
8 of 114 unique stocks in common · Jaccard: 7%
A weighted portfolio overlap of 8.03% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.03 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Coforge, which commands a weight of 4.30% in ICICI Prudential Technology Fund and 2.67% in UTI - MNC Fund. Holding both schemes increases your concentration in Coforge 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 |
|---|---|---|
| CoforgeIT - Software | 4.30% | 2.67% |
| MphasisIT - Software | 4.53% | 1.96% |
| Tata Consultancy ServicesIT - Software | 1.26% | 1.89% |
| LTMIT - Software | 2.71% | 0.98% |
| Yatra OnlineLeisure Services | 0.40% | 1.06% |
| Affle 3iIT - Services | 0.32% | 1.91% |
| Tata CommunicationsTelecom - Services | 0.25% | 1.85% |
| Teamlease ServicesCommercial Services & Supplies | 0.18% | 0.56% |
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.