Loading fund overlap…
11 of 80 unique stocks in common · Jaccard: 13.8%
A weighted portfolio overlap of 36.76% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.76 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.03% in ICICI Prudential Value Fund and 8.75% in UTI Focused Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 9.03% | 8.75% |
| HDFC BankBanks | 9.12% | 8.17% |
| Reliance IndustriesPetroleum Products | 4.82% | 5.15% |
| InfosysIT - Software | 6.17% | 4.17% |
| Maruti Suzuki IndiaAutomobiles | 3.37% | 2.22% |
| Bharti AirtelTelecom - Services | 1.93% | 3.86% |
| Larsen & ToubroConstruction | 1.88% | 4.61% |
| Kotak Mahindra BankBanks | 1.73% | 3.73% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.30% | 2.08% |
| Tata SteelFerrous Metals | 1.21% | 3.82% |
| Gujarat GasGas | 0.58% | 1.59% |
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.