Loading fund overlap…
23 of 101 unique stocks in common · Jaccard: 22.8%
A weighted portfolio overlap of 41.92% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹41.92 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 HDFC Bank, which commands a weight of 8.72% in ICICI Prudential Value Fund and 7.52% in UTI Value 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 | 8.72% | 7.52% |
| ICICI BankBanks | 9.40% | 6.49% |
| InfosysIT - Software | 4.51% | 3.38% |
| Axis BankBanks | 2.96% | 3.87% |
| Reliance IndustriesPetroleum Products | 5.10% | 2.53% |
| Bharti AirtelTelecom - Services | 2.45% | 4.12% |
| State Bank of IndiaBanks | 2.12% | 3.43% |
| Maruti Suzuki IndiaAutomobiles | 3.41% | 1.98% |
| Kotak Mahindra BankBanks | 1.71% | 3.94% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 4.55% | 1.45% |
| CiplaPharmaceuticals & Biotechnology | 1.30% | 1.69% |
| Tata SteelFerrous Metals | 1.22% | 1.54% |
| HDFC Life Insurance CompanyInsurance | 1.97% | 1.02% |
| Oil & Natural Gas CorporationOil | 1.55% | 0.97% |
| Larsen & ToubroConstruction | 1.83% | 0.95% |
| Coal IndiaConsumable Fuels | 0.77% | 1.22% |
| Tata Motors Passenger VehiclesAutomobiles | 1.15% | 0.65% |
| MphasisIT - Software | 0.62% | 1.75% |
| Hero MotoCorpAutomobiles | 0.60% | 0.74% |
| ITCDiversified FMCG | 4.18% | 0.53% |
| IndusInd BankBanks | 0.31% | 1.83% |
| Dabur IndiaPersonal Products | 0.21% | 1.03% |
| Bharat Petroleum CorporationPetroleum Products | 0.18% | 0.88% |
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.