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17 of 154 unique stocks in common · Jaccard: 11%
A weighted portfolio overlap of 14.83% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.83 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.18% in ICICI Prudential Multi-Asset Fund and 2.95% in Kotak Pioneer Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 3.18% | 2.95% |
| InterGlobe AviationTransport Services | 2.16% | 2.48% |
| Reliance IndustriesPetroleum Products | 1.89% | 2.29% |
| Maruti Suzuki IndiaAutomobiles | 1.79% | 2.56% |
| HDFC BankBanks | 5.74% | 1.07% |
| Avenue SupermartsRetailing | 0.93% | 1.64% |
| SwiggyRetailing | 0.82% | 0.75% |
| Info Edge (India)Retailing | 0.74% | 1.16% |
| AIA EngineeringIndustrial Products | 0.49% | 1.41% |
| Titan CompanyConsumer Durables | 0.45% | 1.88% |
| SBI Life Insurance CompanyInsurance | 0.39% | 1.49% |
| ICICI Lombard General Insurance CompanyInsurance | 0.33% | 1.72% |
| Ratnamani Metals & TubesIndustrial Products | 0.32% | 0.62% |
| TVS Motor CompanyAutomobiles | 0.27% | 0.87% |
| TrentRetailing | 0.13% | 1.20% |
| Brainbees SolutionsRetailing | 0.11% | 0.36% |
| Mahindra & MahindraAutomobiles | 0.06% | 1.90% |
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.