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6 of 91 unique stocks in common · Jaccard: 6.6%
A weighted portfolio overlap of 5.05% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.05 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 HDFC Bank, which commands a weight of 2.99% in ICICI Prudential Infrastructure Fund and 1.92% in Kotak Services 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 | 2.99% | 1.92% |
| Axis BankBanks | 1.87% | 10.10% |
| NTPCPower | 4.00% | 0.70% |
| InterGlobe AviationTransport Services | 8.92% | 0.30% |
| Container Corporation of IndiaTransport Services | 2.71% | 0.25% |
| Power Grid Corporation of IndiaPower | 0.01% | 7.66% |
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.