Loading fund overlap…
6 of 119 unique stocks in common · Jaccard: 5%
A weighted portfolio overlap of 4.21% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.21 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is Eternal, which commands a weight of 6.14% in ICICI Prudential Bharat Consumption Fund and 2.04% in Kotak Midcap Fund. Holding both schemes increases your concentration in Eternal 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 |
|---|---|---|
| EternalRetailing | 6.14% | 2.04% |
| Blue StarConsumer Durables | 0.56% | 1.30% |
| VoltasConsumer Durables | 0.46% | 1.00% |
| Oberoi RealtyRealty | 0.43% | 2.10% |
| SwiggyRetailing | 0.36% | 1.65% |
| United SpiritsBeverages | 1.50% | 0.35% |
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.