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6 of 138 unique stocks in common · Jaccard: 4.3%
A weighted portfolio overlap of 4.07% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.07 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 PI Industries, which commands a weight of 1.50% in ICICI Prudential India Opportunities Fund and 1.33% in Kotak Midcap Fund. Holding both schemes increases your concentration in PI Industries 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 |
|---|---|---|
| PI IndustriesFertilizers & Agrochemicals | 1.50% | 1.33% |
| ICICI Lombard General Insurance CompanyInsurance | 1.86% | 1.18% |
| EternalRetailing | 0.50% | 2.04% |
| Apollo TyresAuto Components | 0.41% | 0.68% |
| MphasisIT - Software | 0.35% | 2.79% |
| SwiggyRetailing | 0.31% | 1.65% |
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.