Loading fund overlap…
31 of 170 unique stocks in common · Jaccard: 18.2%
A weighted portfolio overlap of 0.44% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹0.44 is allocated to the exact same companies at the same relative proportions. The schemes share 31 common holdings.
The largest overlapping asset in their portfolios is Axis Bank, which commands a weight of 3.58% in ICICI Prudential Arbitrage Fund and 0.08% in Kotak Arbitrage Fund. Holding both schemes increases your concentration in Axis 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 |
|---|---|---|
| Axis BankBanks | 3.58% | 0.08% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.20% | 0.02% |
| GE Vernova T&D IndiaElectrical Equipment | 0.19% | 0.02% |
| Indian Oil CorporationPetroleum Products | 0.32% | 0.02% |
| Samvardhana Motherson InternationalAuto Components | 0.37% | 0.02% |
| Tata Consultancy ServicesIT - Software | 0.39% | 0.02% |
| Yes BankBanks | 0.39% | 0.02% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 0.18% | 0.01% |
| Bajaj FinservFinance | 0.29% | 0.01% |
| Bajaj Holdings & InvestmentFinance | 0.02% | 0.01% |
| Bharat Petroleum CorporationPetroleum Products | 0.05% | 0.01% |
| BioconPharmaceuticals & Biotechnology | 0.35% | 0.01% |
| Cholamandalam Investment and Finance CompanyFinance | 0.03% | 0.01% |
| Coal IndiaConsumable Fuels | 1.60% | 0.01% |
| Dabur IndiaPersonal Products | 0.27% | 0.01% |
| Godrej Consumer ProductsPersonal Products | 0.28% | 0.01% |
| Hindustan Petroleum CorporationPetroleum Products | 0.25% | 0.01% |
| Hitachi Energy IndiaElectrical Equipment | 0.35% | 0.01% |
| Indian Energy ExchangeCapital Markets | 0.08% | 0.01% |
| Interglobe AviationTransport Services | 0.18% | 0.01% |
| LupinPharmaceuticals & Biotechnology | 0.44% | 0.01% |
| Mankind PharmaPharmaceuticals & Biotechnology | 0.19% | 0.01% |
| NBCC (India)Construction | 0.03% | 0.01% |
| One 97 CommunicationsFinancial Technology (Fintech) | 0.15% | 0.01% |
| PB FintechFinancial Technology (Fintech) | 0.07% | 0.01% |
| Shriram FinanceFinance | 0.06% | 0.01% |
| State Bank of IndiaBanks | 1.96% | 0.01% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.42% | 0.01% |
| Tata SteelFerrous Metals | 1.55% | 0.01% |
| The Indian Hotels CompanyLeisure Services | 0.84% | 0.01% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 0.22% | 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.