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13 of 53 unique stocks in common · Jaccard: 24.5%
A weighted portfolio overlap of 35.2% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.2 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.07% in ICICI Prudential Focused Equity Fund and 9.78% in Kotak Services Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 8.07% | 9.78% |
| Axis BankBanks | 6.68% | 10.10% |
| Bharti AirtelTelecom - Services | 3.70% | 8.10% |
| Titan CompanyConsumer Durables | 3.30% | 4.25% |
| Max Healthcare InstituteHealthcare Services | 2.90% | 4.28% |
| PNB Housing FinanceFinance | 2.74% | 3.88% |
| InfosysIT - Software | 2.41% | 4.35% |
| HDFC BankBanks | 4.95% | 1.92% |
| Info Edge (India)Retailing | 2.52% | 1.23% |
| NTPCPower | 1.45% | 0.70% |
| HDFC Asset Management CompanyCapital Markets | 3.11% | 0.62% |
| The Indian Hotels CompanyLeisure Services | 2.81% | 0.49% |
| EternalRetailing | 2.66% | 0.44% |
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.