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25 of 104 unique stocks in common · Jaccard: 24%
A weighted portfolio overlap of 43.48% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.48 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.46% in ICICI Prudential Large Cap Fund and 5.13% in Kotak Dividend Yield 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 | 8.46% | 5.13% |
| ICICI BankBanks | 8.72% | 5.07% |
| Reliance IndustriesPetroleum Products | 5.41% | 3.49% |
| Larsen & ToubroConstruction | 5.38% | 3.29% |
| Bharti AirtelTelecom - Services | 4.34% | 3.26% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.65% | 2.56% |
| NTPCPower | 2.38% | 3.15% |
| Axis BankBanks | 4.67% | 2.27% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 2.17% |
| Ultratech CementCement & Cement Products | 2.69% | 2.11% |
| InfosysIT - Software | 3.60% | 1.69% |
| Mahindra & MahindraAutomobiles | 2.34% | 1.11% |
| Power Grid Corporation of IndiaPower | 1.08% | 1.91% |
| State Bank of IndiaBanks | 1.02% | 3.02% |
| United SpiritsBeverages | 0.97% | 2.42% |
| Oil & Natural Gas CorporationOil | 1.25% | 0.93% |
| Britannia IndustriesFood Products | 0.91% | 1.76% |
| Hero MotoCorpAutomobiles | 1.59% | 0.83% |
| HDFC Asset Management CompanyCapital Markets | 0.69% | 2.12% |
| Max Healthcare InstituteHealthcare Services | 0.59% | 2.52% |
| Tech MahindraIT - Software | 0.50% | 1.36% |
| TVS Motor CompanyAutomobiles | 0.49% | 1.91% |
| Tata SteelFerrous Metals | 0.43% | 2.04% |
| Titan CompanyConsumer Durables | 0.43% | 1.79% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.08% | 2.94% |
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.