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22 of 131 unique stocks in common · Jaccard: 16.8%
A weighted portfolio overlap of 22.71% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.71 is allocated to the exact same companies at the same relative proportions. The schemes share 22 common holdings.
The largest overlapping asset in their portfolios is Maruti Suzuki India, which commands a weight of 3.55% in ICICI Prudential Large Cap Fund and 4.35% in Kotak Multicap Fund. Holding both schemes increases your concentration in Maruti Suzuki India 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 |
|---|---|---|
| Maruti Suzuki IndiaAutomobiles | 3.55% | 4.35% |
| NTPCPower | 2.38% | 2.91% |
| Bharti AirtelTelecom - Services | 4.34% | 2.16% |
| Larsen & ToubroConstruction | 5.38% | 1.86% |
| Hero MotoCorpAutomobiles | 1.59% | 3.50% |
| InterGlobe AviationTransport Services | 1.83% | 1.17% |
| InfosysIT - Software | 3.60% | 1.08% |
| State Bank of IndiaBanks | 1.02% | 2.76% |
| United SpiritsBeverages | 0.97% | 1.08% |
| ITCDiversified FMCG | 0.94% | 2.53% |
| Hindustan UnileverDiversified FMCG | 0.83% | 1.16% |
| Shree CementCement & Cement Products | 0.77% | 0.98% |
| Ultratech CementCement & Cement Products | 2.69% | 0.63% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.68% | 0.60% |
| Reliance IndustriesPetroleum Products | 5.41% | 0.55% |
| EternalRetailing | 0.54% | 2.24% |
| Tech MahindraIT - Software | 0.50% | 1.19% |
| Tata SteelFerrous Metals | 0.43% | 0.75% |
| SwiggyRetailing | 0.42% | 0.96% |
| Life Insurance Corporation of IndiaInsurance | 0.29% | 1.11% |
| VedantaDiversified Metals | 0.29% | 0.60% |
| Oil IndiaOil | 0.15% | 1.05% |
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.