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16 of 113 unique stocks in common · Jaccard: 14.2%
A weighted portfolio overlap of 18.45% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.45 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 HDFC Bank, which commands a weight of 5.19% in ICICI Prudential Exports and Services Fund and 3.26% in Kotak Aggressive Hybrid Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 5.19% | 3.26% |
| State Bank of IndiaBanks | 2.21% | 2.89% |
| Bharti AirtelTelecom - Services | 2.08% | 3.36% |
| InfosysIT - Software | 7.11% | 1.79% |
| ICICI BankBanks | 5.73% | 1.51% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.81% | 0.93% |
| PI IndustriesFertilizers & Agrochemicals | 0.96% | 0.85% |
| Avanti FeedsFood Products | 0.84% | 1.09% |
| Reliance IndustriesPetroleum Products | 3.80% | 0.82% |
| NTPCPower | 3.22% | 0.79% |
| Prudent Corporate Advisory ServicesCapital Markets | 2.11% | 0.71% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.67% | 0.71% |
| EternalRetailing | 0.62% | 3.85% |
| Tech MahindraIT - Software | 1.37% | 0.55% |
| Bajaj FinanceFinance | 0.49% | 2.09% |
| Shriram FinanceFinance | 0.33% | 2.22% |
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.