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17 of 108 unique stocks in common · Jaccard: 15.7%
A weighted portfolio overlap of 17.42% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.42 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.87% in ICICI Prudential India Opportunities Fund and 2.94% in Kotak Pioneer 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 | 5.87% | 2.94% |
| Info Edge (India)Retailing | 2.48% | 1.93% |
| Reliance IndustriesPetroleum Products | 3.53% | 1.91% |
| Interglobe AviationTransport Services | 1.77% | 2.54% |
| Mahindra & MahindraAutomobiles | 2.49% | 1.76% |
| ICICI Lombard General Insurance CompanyInsurance | 2.44% | 1.30% |
| SBI Life Insurance CompanyInsurance | 2.79% | 1.22% |
| Avenue SupermartsRetailing | 0.93% | 1.36% |
| HDFC BankBanks | 8.56% | 0.88% |
| SwiggyRetailing | 0.81% | 1.04% |
| TrentRetailing | 0.85% | 0.47% |
| Titan CompanyConsumer Durables | 0.34% | 2.03% |
| EternalRetailing | 0.33% | 5.69% |
| PB FintechFinancial Technology (Fintech) | 0.27% | 2.70% |
| Brainbees SolutionsRetailing | 0.36% | 0.25% |
| Maruti Suzuki IndiaAutomobiles | 0.21% | 2.28% |
| AIA EngineeringIndustrial Products | 0.11% | 1.15% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.