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13 of 98 unique stocks in common · Jaccard: 13.3%
A weighted portfolio overlap of 15.2% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.2 is allocated to the exact same companies at the same relative proportions. The schemes share 13 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 8.37% in Kotak Nifty Commodities Index 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% | 8.37% |
| Ultratech CementCement & Cement Products | 2.69% | 5.98% |
| NTPCPower | 2.38% | 8.06% |
| Oil & Natural Gas CorporationOil | 1.25% | 4.53% |
| Shree CementCement & Cement Products | 0.77% | 1.49% |
| Tata Power CompanyPower | 0.60% | 3.10% |
| Bharat Petroleum CorporationPetroleum Products | 0.60% | 2.66% |
| Tata SteelFerrous Metals | 0.43% | 7.55% |
| Grasim IndustriesCement & Cement Products | 0.35% | 5.25% |
| VedantaDiversified Metals | 0.29% | 2.63% |
| NHPCPower | 0.27% | 1.10% |
| Oil IndiaOil | 0.15% | 1.14% |
| Indian Oil CorporationPetroleum Products | 0.02% | 2.30% |
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.