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8 of 108 unique stocks in common · Jaccard: 7.4%
A weighted portfolio overlap of 13.59% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.59 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 KEI Industries, which commands a weight of 2.07% in ICICI Prudential Active Momentum Fund and 2.98% in Kotak Midcap Fund. Holding both schemes increases your concentration in KEI Industries 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 Kotak |
|---|---|---|
| KEI IndustriesIndustrial Products | 2.07% | 2.98% |
| GE Vernova T&D IndiaElectrical Equipment | 2.03% | 4.22% |
| Fortis HealthcareHealthcare Services | 1.92% | 4.03% |
| Bharat ElectronicsAerospace & Defense | 1.78% | 2.13% |
| MphasisIT - Software | 1.65% | 2.79% |
| Nippon Life India Asset ManagementCapital Markets | 2.48% | 1.62% |
| Max Financial ServicesInsurance | 2.21% | 1.47% |
| Deepak NitriteChemicals & Petrochemicals | 1.18% | 1.06% |
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.