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26 of 157 unique stocks in common · Jaccard: 16.6%
A weighted portfolio overlap of 17.46% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.46 is allocated to the exact same companies at the same relative proportions. The schemes share 26 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.59% in ICICI Prudential Multi Asset Allocation Fund and 1.92% in Kotak Multi Asset Allocation Fund. Holding both schemes increases your concentration in HDFC Bank 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 |
|---|---|---|
| HDFC BankBanks | 5.59% | 1.92% |
| ITCDiversified FMCG | 1.59% | 2.47% |
| Hindustan UnileverDiversified FMCG | 1.51% | 2.06% |
| ICICI BankBanks | 3.76% | 1.49% |
| Maruti Suzuki IndiaAutomobiles | 1.49% | 2.70% |
| NTPCPower | 1.37% | 2.54% |
| Reliance IndustriesPetroleum Products | 3.26% | 1.28% |
| Bharti AirtelTelecom - Services | 1.11% | 1.30% |
| State Bank of IndiaBanks | 0.94% | 3.60% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.75% | 0.98% |
| Tata SteelFerrous Metals | 0.67% | 0.66% |
| United BreweriesBeverages | 0.64% | 0.85% |
| Life Insurance Corporation Of IndiaInsurance | 3.81% | 0.52% |
| Interglobe AviationTransport Services | 1.88% | 0.41% |
| Samvardhana Motherson InternationalAuto Components | 0.40% | 1.06% |
| Hindalco IndustriesNon - Ferrous Metals | 0.31% | 1.03% |
| SwiggyRetailing | 0.77% | 0.30% |
| InfosysIT - Software | 1.72% | 0.19% |
| Hero MotoCorpAutomobiles | 0.12% | 2.32% |
| Sun TV NetworkEntertainment | 0.10% | 0.30% |
| Oil IndiaOil | 0.09% | 1.53% |
| Tata ChemicalsChemicals & Petrochemicals | 0.06% | 0.42% |
| PVR INOXEntertainment | 0.05% | 0.47% |
| Whirlpool of IndiaConsumer Durables | 0.05% | 0.47% |
| Indus TowersTelecom - Services | 0.05% | 2.17% |
| DLFRealty | 0.05% | 0.45% |
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.