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20 of 192 unique stocks in common · Jaccard: 10.4%
A weighted portfolio overlap of 6.01% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹6.01 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is Bharat Electronics, which commands a weight of 1.35% in ICICI Prudential Arbitrage Fund and 2.13% in Kotak Midcap Fund. Holding both schemes increases your concentration in Bharat Electronics 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 |
|---|---|---|
| Bharat ElectronicsAerospace & Defense | 1.35% | 2.13% |
| EternalRetailing | 1.12% | 2.04% |
| RECFinance | 0.64% | 0.69% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.64% | 0.57% |
| Bank of BarodaBanks | 0.37% | 0.70% |
| Hindustan Petroleum CorporationPetroleum Products | 0.37% | 1.41% |
| Max Financial ServicesInsurance | 0.24% | 1.47% |
| Solar Industries IndiaChemicals & Petrochemicals | 0.23% | 2.55% |
| Power Finance CorporationFinance | 0.21% | 1.64% |
| Fortis HealthcareHealthcare Services | 0.21% | 4.03% |
| United SpiritsBeverages | 0.16% | 0.35% |
| KEI IndustriesIndustrial Products | 0.14% | 2.98% |
| Cholamandalam Investment and Finance CompanyFinance | 0.14% | 1.66% |
| Max Healthcare InstituteHealthcare Services | 0.10% | 0.80% |
| Dalmia BharatCement & Cement Products | 0.04% | 1.25% |
| L&T FinanceFinance | 0.02% | 2.27% |
| UNO MindaAuto Components | 0.02% | 0.85% |
| SRFChemicals & Petrochemicals | 0.02% | 1.70% |
| SwiggyRetailing | 0.02% | 1.65% |
| BSECapital Markets | 0.01% | 1.39% |
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.