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11 of 119 unique stocks in common · Jaccard: 9.2%
A weighted portfolio overlap of 22.88% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.88 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 5.41% in ICICI Prudential Large Cap Fund and 7.98% in Kotak Infrastructure and Economic Reform Fund. Holding both schemes increases your concentration in Reliance 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 5.41% | 7.98% |
| Larsen & ToubroConstruction | 5.38% | 10.38% |
| Bharti AirtelTelecom - Services | 4.34% | 5.18% |
| Ultratech CementCement & Cement Products | 2.69% | 2.89% |
| InterGlobe AviationTransport Services | 1.83% | 1.50% |
| NTPCPower | 2.38% | 1.14% |
| Cummins IndiaIndustrial Products | 0.91% | 2.71% |
| Shree CementCement & Cement Products | 0.77% | 2.58% |
| ABB IndiaElectrical Equipment | 0.36% | 1.54% |
| Container Corporation of IndiaTransport Services | 0.24% | 1.31% |
| Oil IndiaOil | 0.15% | 0.90% |
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.