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14 of 162 unique stocks in common · Jaccard: 8.6%
A weighted portfolio overlap of 7.35% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.35 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 1.89% in ICICI Prudential Multi-Asset Fund and 3.61% in Kotak Manufacture In India 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 | 1.89% | 3.61% |
| Maruti Suzuki IndiaAutomobiles | 1.79% | 3.11% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.19% | 4.59% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.72% | 0.83% |
| Eicher MotorsAutomobiles | 0.38% | 1.96% |
| Tata SteelFerrous Metals | 0.35% | 4.40% |
| TVS Motor CompanyAutomobiles | 0.27% | 3.06% |
| Hindalco IndustriesNon - Ferrous Metals | 0.18% | 4.11% |
| BioconPharmaceuticals & Biotechnology | 0.14% | 1.56% |
| Hindustan Petroleum CorporationPetroleum Products | 0.13% | 2.59% |
| Bharat Petroleum CorporationPetroleum Products | 0.11% | 2.17% |
| Britannia IndustriesFood Products | 0.09% | 1.71% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.07% | 2.43% |
| Mahindra & MahindraAutomobiles | 0.06% | 4.16% |
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.