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51 of 196 unique stocks in common · Jaccard: 26%
A weighted portfolio overlap of 31.26% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.26 is allocated to the exact same companies at the same relative proportions. The schemes share 51 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.21% in ICICI Prudential Aggressive Hybrid Fund and 5.18% in Kotak Balanced Advantage 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 Kotak |
|---|---|---|
| ICICI BankBanks | 5.21% | 5.18% |
| Reliance IndustriesPetroleum Products | 4.55% | 3.42% |
| HDFC BankBanks | 6.06% | 2.94% |
| Bharti AirtelTelecom - Services | 1.57% | 2.39% |
| EternalRetailing | 1.39% | 1.56% |
| Axis BankBanks | 2.61% | 1.33% |
| Larsen & ToubroConstruction | 1.24% | 2.05% |
| Maruti Suzuki IndiaAutomobiles | 1.11% | 1.32% |
| State Bank of IndiaBanks | 0.95% | 3.85% |
| Interglobe AviationTransport Services | 2.47% | 0.92% |
| Kotak Mahindra BankBanks | 0.89% | 1.20% |
| ITCDiversified FMCG | 0.95% | 0.81% |
| Ultratech CementCement & Cement Products | 0.78% | 1.58% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.73% | 0.71% |
| Tata Consultancy ServicesIT - Software | 1.36% | 0.71% |
| NTPCPower | 3.24% | 0.68% |
| Hindustan UnileverDiversified FMCG | 1.65% | 0.63% |
| Ambuja CementsCement & Cement Products | 0.65% | 0.51% |
| Mahindra & MahindraAutomobiles | 0.37% | 1.37% |
| Life Insurance Corporation Of IndiaInsurance | 2.95% | 0.37% |
| Bharat Petroleum CorporationPetroleum Products | 0.36% | 0.67% |
| Bajaj FinanceFinance | 0.34% | 1.85% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.33% | 1.23% |
| MphasisIT - Software | 0.32% | 1.07% |
| Oil & Natural Gas CorporationOil | 0.70% | 0.32% |
| ICICI Lombard General Insurance CompanyInsurance | 0.31% | 0.55% |
| BioconPharmaceuticals & Biotechnology | 0.27% | 0.31% |
| Hyundai Motor IndiaAutomobiles | 0.44% | 0.23% |
| InfosysIT - Software | 0.19% | 1.67% |
| Apollo TyresAuto Components | 0.18% | 0.42% |
| DLFRealty | 0.17% | 0.23% |
| Mahindra Lifespace DevelopersRealty | 0.16% | 0.43% |
| HDFC Life Insurance CompanyInsurance | 0.16% | 0.29% |
| Tata CommunicationsTelecom - Services | 0.15% | 0.16% |
| Page IndustriesTextiles & Apparels | 0.24% | 0.15% |
| PB FintechFinancial Technology (Fintech) | 0.13% | 0.61% |
| Adani Energy SolutionsPower | 0.12% | 0.23% |
| Hindustan AeronauticsAerospace & Defense | 0.22% | 0.11% |
| HDB Financial ServicesFinance | 0.10% | 0.17% |
| Oberoi RealtyRealty | 0.10% | 0.52% |
| Coromandel InternationalFertilizers & Agrochemicals | 0.09% | 0.79% |
| Techno Electric & Engineering CompanyConstruction | 0.20% | 0.09% |
| The Phoenix MillsRealty | 0.18% | 0.08% |
| Cummins IndiaIndustrial Products | 0.74% | 0.07% |
| TVS Motor CompanyAutomobiles | 3.30% | 0.07% |
| SBI Funds ManagementCapital Markets | 0.20% | 0.05% |
| Tata Consumer ProductsAgricultural Food & Other Products | 0.09% | 0.03% |
| GSPL India TranscoGas | 0.02% | 0.08% |
| HCL TechnologiesIT - Software | 0.13% | 0.01% |
| SBI Life Insurance CompanyInsurance | 1.18% | 0.01% |
| Tata SteelFerrous Metals | 0.74% | 0.01% |
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.