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11 of 141 unique stocks in common · Jaccard: 7.8%
A weighted portfolio overlap of 4.07% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.07 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 Max Healthcare Institute, which commands a weight of 0.65% in ICICI Prudential Large Cap Fund and 0.92% in Kotak Mid Cap Fund. Holding both schemes increases your concentration in Max Healthcare Institute 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 |
|---|---|---|
| Max Healthcare InstituteHealthcare Services | 0.65% | 0.92% |
| BSECapital Markets | 0.66% | 0.58% |
| EternalRetailing | 0.50% | 1.65% |
| ICICI Lombard General Insurance CompanyInsurance | 0.49% | 0.94% |
| SwiggyRetailing | 0.49% | 1.64% |
| United SpiritsBeverages | 0.88% | 0.38% |
| BioconPharmaceuticals & Biotechnology | 0.38% | 1.07% |
| GE Vernova T&D IndiaElectrical Equipment | 0.20% | 2.42% |
| Jindal SteelFerrous Metals | 0.19% | 0.87% |
| Bharat ElectronicsAerospace & Defense | 0.13% | 1.95% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.08% | 0.56% |
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.