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55 of 175 unique stocks in common · Jaccard: 31.4%
A weighted portfolio overlap of 35.12% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.12 is allocated to the exact same companies at the same relative proportions. The schemes share 55 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.07% in ICICI Prudential Balanced Advantage 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 | 4.07% | 5.18% |
| HDFC BankBanks | 3.25% | 2.94% |
| Reliance IndustriesPetroleum Products | 2.60% | 3.42% |
| State Bank of IndiaBanks | 2.00% | 3.85% |
| Larsen & ToubroConstruction | 1.98% | 2.05% |
| InfosysIT - Software | 2.47% | 1.67% |
| EternalRetailing | 2.14% | 1.56% |
| Axis BankBanks | 1.98% | 1.33% |
| Maruti Suzuki IndiaAutomobiles | 1.93% | 1.32% |
| Bharti AirtelTelecom - Services | 1.26% | 2.39% |
| Kotak Mahindra BankBanks | 1.44% | 1.20% |
| Mahindra & MahindraAutomobiles | 1.06% | 1.37% |
| Bajaj FinanceFinance | 1.04% | 1.85% |
| Interglobe AviationTransport Services | 1.48% | 0.92% |
| Ultratech CementCement & Cement Products | 0.68% | 1.58% |
| NTPCPower | 0.83% | 0.68% |
| Hindalco IndustriesNon - Ferrous Metals | 0.69% | 0.62% |
| PB FintechFinancial Technology (Fintech) | 0.80% | 0.61% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.60% | 0.71% |
| Shriram FinanceFinance | 0.71% | 0.57% |
| Tech MahindraIT - Software | 0.55% | 0.79% |
| Tata Consultancy ServicesIT - Software | 0.52% | 0.71% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.50% | 1.23% |
| Titan CompanyConsumer Durables | 1.08% | 0.46% |
| Bharat ElectronicsAerospace & Defense | 0.54% | 0.42% |
| Life Insurance Corporation Of IndiaInsurance | 0.57% | 0.37% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.33% | 0.43% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.73% | 0.31% |
| HDFC Life Insurance CompanyInsurance | 0.30% | 0.29% |
| CiplaPharmaceuticals & Biotechnology | 0.38% | 0.25% |
| Hindustan UnileverDiversified FMCG | 0.24% | 0.63% |
| Bharat Petroleum CorporationPetroleum Products | 0.24% | 0.67% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 0.23% | 0.52% |
| ICICI Lombard General Insurance CompanyInsurance | 0.23% | 0.55% |
| Indus TowersTelecom - Services | 0.23% | 0.41% |
| Jindal SteelFerrous Metals | 0.15% | 0.36% |
| GE Vernova T&D IndiaElectrical Equipment | 0.14% | 1.18% |
| ITCDiversified FMCG | 0.13% | 0.81% |
| Hindustan AeronauticsAerospace & Defense | 0.57% | 0.11% |
| Eicher MotorsAutomobiles | 0.32% | 0.08% |
| The Phoenix MillsRealty | 0.45% | 0.08% |
| Asian PaintsConsumer Durables | 0.08% | 0.25% |
| Cummins IndiaIndustrial Products | 0.47% | 0.07% |
| TVS Motor CompanyAutomobiles | 6.17% | 0.07% |
| V-Guard IndustriesConsumer Durables | 0.06% | 0.59% |
| MphasisIT - Software | 0.06% | 1.07% |
| SBI Funds ManagementCapital Markets | 0.17% | 0.05% |
| VoltasConsumer Durables | 0.09% | 0.05% |
| JSW SteelFerrous Metals | 0.08% | 0.03% |
| Mankind PharmaPharmaceuticals & Biotechnology | 0.10% | 0.03% |
| Oil & Natural Gas CorporationOil | 0.01% | 0.32% |
| HCL TechnologiesIT - Software | 1.10% | 0.01% |
| Max Healthcare InstituteHealthcare Services | 0.07% | 0.01% |
| SBI Life Insurance CompanyInsurance | 0.65% | 0.01% |
| Tata SteelFerrous Metals | 0.75% | 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.