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23 of 125 unique stocks in common · Jaccard: 18.4%
A weighted portfolio overlap of 33.38% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹33.38 is allocated to the exact same companies at the same relative proportions. The schemes share 23 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 4.82% in Kotak Large & Midcap 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% | 4.82% |
| ICICI BankBanks | 8.72% | 2.92% |
| Axis BankBanks | 4.67% | 2.65% |
| Larsen & ToubroConstruction | 5.38% | 2.50% |
| Bharti AirtelTelecom - Services | 4.34% | 2.31% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.65% | 1.91% |
| Hero MotoCorpAutomobiles | 1.59% | 1.99% |
| Reliance IndustriesPetroleum Products | 5.41% | 1.58% |
| InfosysIT - Software | 3.60% | 1.54% |
| Ultratech CementCement & Cement Products | 2.69% | 1.33% |
| NTPCPower | 2.38% | 1.09% |
| Power Grid Corporation of IndiaPower | 1.08% | 1.16% |
| InterGlobe AviationTransport Services | 1.83% | 1.02% |
| State Bank of IndiaBanks | 1.02% | 4.00% |
| Kotak Mahindra BankBanks | 1.21% | 0.92% |
| United SpiritsBeverages | 0.97% | 0.92% |
| Cummins IndiaIndustrial Products | 0.91% | 1.76% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 0.87% |
| Bharat Petroleum CorporationPetroleum Products | 0.60% | 0.94% |
| EternalRetailing | 0.54% | 2.99% |
| Tech MahindraIT - Software | 0.50% | 1.58% |
| SwiggyRetailing | 0.42% | 0.60% |
| ABB IndiaElectrical Equipment | 0.36% | 1.38% |
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.