Loading fund overlap…
6 of 134 unique stocks in common · Jaccard: 4.5%
A weighted portfolio overlap of 2.56% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹2.56 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 ICICI Lombard General Insurance Company, which commands a weight of 0.71% in ICICI Prudential Business Cycle Fund and 1.18% in Kotak Midcap Fund. Holding both schemes increases your concentration in ICICI Lombard General Insurance Company 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 Lombard General Insurance CompanyInsurance | 0.71% | 1.18% |
| Oberoi RealtyRealty | 0.53% | 2.10% |
| PI IndustriesFertilizers & Agrochemicals | 0.52% | 1.33% |
| Hindustan Petroleum CorporationPetroleum Products | 0.36% | 1.41% |
| SwiggyRetailing | 0.34% | 1.65% |
| Bank of BarodaBanks | 0.11% | 0.70% |
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.