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24 of 119 unique stocks in common · Jaccard: 20.2%
A weighted portfolio overlap of 21.75% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.75 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is ITC, which commands a weight of 2.68% in ICICI Prudential Equity Savings Fund and 3.03% in Kotak Multi Asset Allocation Fund. Holding both schemes increases your concentration in ITC 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 |
|---|---|---|
| ITCDiversified FMCG | 2.68% | 3.03% |
| NTPCPower | 2.35% | 3.28% |
| Hindustan UnileverDiversified FMCG | 2.09% | 2.47% |
| HDFC BankBanks | 8.24% | 1.94% |
| EternalRetailing | 1.56% | 1.50% |
| Reliance IndustriesPetroleum Products | 5.45% | 1.45% |
| Bharti AirtelTelecom - Services | 1.89% | 1.44% |
| ICICI BankBanks | 2.91% | 1.41% |
| InfosysIT - Software | 1.62% | 1.41% |
| Tata SteelFerrous Metals | 1.64% | 1.04% |
| Maruti Suzuki IndiaAutomobiles | 0.96% | 2.87% |
| Kotak Mahindra BankBanks | 3.42% | 0.55% |
| Hindalco IndustriesNon - Ferrous Metals | 0.53% | 1.25% |
| Tata Consultancy ServicesIT - Software | 2.00% | 0.51% |
| Oil & Natural Gas CorporationOil | 0.65% | 0.48% |
| Indus TowersTelecom - Services | 0.31% | 2.71% |
| State Bank of IndiaBanks | 0.29% | 3.24% |
| GAIL (India)Gas | 0.19% | 0.39% |
| Bank of BarodaBanks | 0.18% | 1.54% |
| Dabur IndiaPersonal Products | 0.15% | 0.44% |
| Hero MotoCorpAutomobiles | 0.11% | 2.28% |
| Shriram FinanceFinance | 0.08% | 2.00% |
| Samvardhana Motherson InternationalAuto Components | 0.05% | 0.99% |
| MphasisIT - Software | 0.03% | 0.33% |
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.