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24 of 199 unique stocks in common · Jaccard: 12.1%
A weighted portfolio overlap of 17.82% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.82 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is Apar Industries, which commands a weight of 1.86% in ICICI Prudential Multicap Fund and 2.22% in Kotak Midcap Fund. Holding both schemes increases your concentration in Apar 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 |
|---|---|---|
| Apar IndustriesElectrical Equipment | 1.86% | 2.22% |
| BSECapital Markets | 3.62% | 1.39% |
| KEI IndustriesIndustrial Products | 1.29% | 2.98% |
| Bharat ForgeAuto Components | 1.74% | 1.28% |
| GE Vernova T&D IndiaElectrical Equipment | 1.18% | 4.22% |
| Oberoi RealtyRealty | 1.16% | 2.10% |
| Hindustan Petroleum CorporationPetroleum Products | 1.13% | 1.41% |
| Blue StarConsumer Durables | 1.01% | 1.30% |
| Jindal SteelFerrous Metals | 2.60% | 0.96% |
| SRFChemicals & Petrochemicals | 0.89% | 1.70% |
| Nippon Life India Asset ManagementCapital Markets | 0.84% | 1.62% |
| Deepak NitriteChemicals & Petrochemicals | 0.69% | 1.06% |
| Solar Industries IndiaChemicals & Petrochemicals | 0.56% | 2.55% |
| Lenskart SolutionsRetailing | 0.56% | 0.65% |
| Bharti HexacomTelecom - Services | 0.55% | 1.76% |
| PI IndustriesFertilizers & Agrochemicals | 0.47% | 1.33% |
| VoltasConsumer Durables | 0.47% | 1.00% |
| BirlasoftIT - Software | 0.42% | 0.91% |
| Dixon Technologies (India)Consumer Durables | 0.33% | 2.10% |
| Coromandel InternationalFertilizers & Agrochemicals | 0.24% | 1.55% |
| Cholamandalam Investment and Finance CompanyFinance | 0.22% | 1.66% |
| UNO MindaAuto Components | 0.15% | 0.85% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.14% | 0.81% |
| Schaeffler IndiaAuto Components | 0.04% | 1.92% |
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.