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23 of 237 unique stocks in common · Jaccard: 9.7%
A weighted portfolio overlap of 29% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29 is allocated to the exact same companies at the same relative proportions. The schemes share 23 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 6.17% in ICICI Prudential Value Fund and 7.13% in UTI Nifty500 Shariah Index Fund. Holding both schemes increases your concentration in Infosys 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 |
|---|---|---|
| InfosysIT - Software | 6.17% | 7.13% |
| Tata Consultancy ServicesIT - Software | 3.65% | 4.04% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 4.72% | 3.34% |
| Hindustan UnileverDiversified FMCG | 2.98% | 3.35% |
| Oil & Natural Gas CorporationOil | 1.76% | 1.80% |
| Tata Motors Passenger VehiclesAutomobiles | 1.50% | 1.44% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 2.15% | 1.39% |
| Asian PaintsConsumer Durables | 1.39% | 2.11% |
| CiplaPharmaceuticals & Biotechnology | 1.32% | 1.38% |
| Ultratech CementCement & Cement Products | 1.16% | 2.38% |
| Hero MotoCorpAutomobiles | 0.62% | 1.11% |
| MphasisIT - Software | 0.56% | 0.53% |
| Pidilite IndustriesChemicals & Petrochemicals | 0.52% | 0.81% |
| Hyundai Motor IndiaAutomobiles | 1.41% | 0.48% |
| Godrej Consumer ProductsPersonal Products | 0.45% | 0.72% |
| GAIL (India)Gas | 0.36% | 0.78% |
| HCL TechnologiesIT - Software | 0.35% | 2.19% |
| Bharat Petroleum CorporationPetroleum Products | 0.33% | 1.06% |
| LupinPharmaceuticals & Biotechnology | 0.25% | 0.96% |
| Tata ChemicalsChemicals & Petrochemicals | 0.34% | 0.21% |
| Cohance LifesciencesPharmaceuticals & Biotechnology | 0.17% | 0.12% |
| JSW DuluxConsumer Durables | 0.68% | 0.10% |
| Bata IndiaConsumer Durables | 0.18% | 0.07% |
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.