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23 of 120 unique stocks in common · Jaccard: 19.2%
A weighted portfolio overlap of 24.16% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.16 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 2.75% in ICICI Prudential Midcap 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 | 2.75% | 2.95% |
| GE Vernova T&D IndiaElectrical Equipment | 1.95% | 2.42% |
| Nippon Life India Asset ManagementCapital Markets | 2.40% | 1.56% |
| Bharti HexacomTelecom - Services | 1.52% | 2.03% |
| Schaeffler IndiaAuto Components | 1.46% | 2.22% |
| SRFChemicals & Petrochemicals | 1.68% | 1.46% |
| Apar IndustriesElectrical Equipment | 4.94% | 1.45% |
| Dixon Technologies (India)Consumer Durables | 1.28% | 2.60% |
| Bharat ForgeAuto Components | 3.25% | 1.25% |
| Hindustan Petroleum CorporationPetroleum Products | 4.77% | 1.19% |
| Oberoi RealtyRealty | 1.04% | 2.09% |
| Lenskart SolutionsRetailing | 0.96% | 0.95% |
| UNO MindaAuto Components | 1.73% | 0.89% |
| Jindal SteelFerrous Metals | 3.86% | 0.87% |
| VoltasConsumer Durables | 0.98% | 0.87% |
| Blue StarConsumer Durables | 0.73% | 1.09% |
| Coromandel InternationalFertilizers & Agrochemicals | 0.71% | 1.53% |
| Deepak NitriteChemicals & Petrochemicals | 0.67% | 1.00% |
| BSECapital Markets | 4.64% | 0.58% |
| PI IndustriesFertilizers & Agrochemicals | 0.53% | 1.03% |
| Ratnamani Metals & TubesIndustrial Products | 0.18% | 0.70% |
| MRFAuto Components | 0.17% | 0.92% |
| JK CementCement & Cement Products | 0.10% | 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.