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16 of 99 unique stocks in common · Jaccard: 16.2%
A weighted portfolio overlap of 20.4% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.4 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is NTPC, which commands a weight of 4.09% in ICICI Prudential Dividend Yield Equity Fund and 3.16% in Kotak Rural Opportunities Fund. Holding both schemes increases your concentration in NTPC 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 |
|---|---|---|
| NTPCPower | 4.09% | 3.16% |
| Bharti AirtelTelecom - Services | 2.83% | 9.20% |
| Ultratech CementCement & Cement Products | 2.44% | 2.89% |
| Britannia IndustriesFood Products | 1.85% | 3.01% |
| Hindustan UnileverDiversified FMCG | 1.49% | 1.69% |
| SBI Life Insurance CompanyInsurance | 1.44% | 2.07% |
| Cummins IndiaIndustrial Products | 2.47% | 1.44% |
| State Bank of IndiaBanks | 1.29% | 8.85% |
| Indus TowersTelecom - Services | 1.16% | 2.50% |
| Maruti Suzuki IndiaAutomobiles | 3.26% | 0.99% |
| ITCDiversified FMCG | 0.74% | 1.85% |
| Mahindra & MahindraAutomobiles | 0.54% | 7.66% |
| Mayur UniquotersConsumer Durables | 0.51% | 0.64% |
| Bajaj FinanceFinance | 0.48% | 2.57% |
| NHPCPower | 0.02% | 0.99% |
| Tata Power CompanyPower | 0.02% | 1.90% |
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.