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23 of 124 unique stocks in common · Jaccard: 18.5%
A weighted portfolio overlap of 23.7% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.7 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 KEI Industries, which commands a weight of 2.99% in ICICI Prudential Mid Cap Fund and 2.95% in Kotak Mid Cap Fund. Holding both schemes increases your concentration in KEI 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 |
|---|---|---|
| KEI IndustriesIndustrial Products | 2.99% | 2.95% |
| GE Vernova T&D IndiaElectrical Equipment | 1.90% | 2.42% |
| Nippon Life India Asset ManagementCapital Markets | 2.29% | 1.56% |
| SRFChemicals & Petrochemicals | 1.56% | 1.46% |
| Apar IndustriesElectrical Equipment | 5.77% | 1.45% |
| Bharti HexacomTelecom - Services | 1.38% | 2.03% |
| Schaeffler IndiaAuto Components | 1.36% | 2.22% |
| Dixon Technologies (India)Consumer Durables | 1.28% | 2.60% |
| Bharat ForgeAuto Components | 2.94% | 1.25% |
| Hindustan Petroleum CorporationPetroleum Products | 4.50% | 1.19% |
| Oberoi RealtyRealty | 1.01% | 2.09% |
| Lenskart SolutionsRetailing | 1.07% | 0.95% |
| UNO MindaAuto Components | 1.77% | 0.89% |
| Jindal SteelFerrous Metals | 3.96% | 0.87% |
| VoltasConsumer Durables | 0.84% | 0.87% |
| Deepak NitriteChemicals & Petrochemicals | 0.66% | 1.00% |
| Blue StarConsumer Durables | 0.63% | 1.09% |
| Coromandel InternationalFertilizers & Agrochemicals | 0.62% | 1.53% |
| BSECapital Markets | 3.95% | 0.58% |
| PI IndustriesFertilizers & Agrochemicals | 0.44% | 1.03% |
| Ratnamani Metals & TubesIndustrial Products | 0.19% | 0.70% |
| MRFAuto Components | 0.16% | 0.92% |
| JK CementCement & Cement Products | 0.09% | 1.03% |
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.