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30 of 30 unique stocks in common · Jaccard: 100%
A weighted portfolio overlap of 99.64% indicates a extreme overlap (near-identical portfolios). This means that out of every ₹100 you invest across these two schemes, approximately ₹99.64 is allocated to the exact same companies at the same relative proportions. The schemes share 30 common holdings.
The largest overlapping asset in their portfolios is Hindalco Industries, which commands a weight of 6.51% in ICICI Prudential Nifty 200 Momentum 30 Index Fund and 6.58% in Kotak Nifty 200 Momentum 30 Index Fund. Holding both schemes increases your concentration in Hindalco 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 |
|---|---|---|
| Hindalco IndustriesNon - Ferrous Metals | 6.51% | 6.58% |
| BSECapital Markets | 6.00% | 6.06% |
| State Bank of IndiaBanks | 5.04% | 5.06% |
| Shriram FinanceFinance | 4.98% | 4.96% |
| Eicher MotorsAutomobiles | 4.95% | 4.92% |
| Asian PaintsConsumer Durables | 4.91% | 4.88% |
| Bajaj FinanceFinance | 4.58% | 4.55% |
| Bharti AirtelTelecom - Services | 4.38% | 4.39% |
| TVS Motor CompanyAutomobiles | 4.08% | 4.07% |
| Maruti Suzuki IndiaAutomobiles | 3.99% | 3.97% |
| Cummins IndiaIndustrial Products | 3.84% | 3.82% |
| Hero MotoCorpAutomobiles | 3.65% | 3.63% |
| InterGlobe AviationTransport Services | 3.63% | 3.61% |
| SBI Life Insurance CompanyInsurance | 3.49% | 3.47% |
| AU Small Finance BankBanks | 3.27% | 3.25% |
| The Federal BankBanks | 3.25% | 3.25% |
| Muthoot FinanceFinance | 3.13% | 3.13% |
| L&T FinanceFinance | 2.48% | 2.46% |
| Canara BankBanks | 2.32% | 2.34% |
| One 97 CommunicationsFinancial Technology (Fintech) | 2.23% | 2.25% |
| Fortis HealthcareHealthcare Services | 2.19% | 2.21% |
| Aditya Birla CapitalFinance | 2.17% | 2.17% |
| Max Financial ServicesInsurance | 2.13% | 2.12% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 2.10% | 2.12% |
| Cholamandalam Investment and Finance CompanyFinance | 2.11% | 2.09% |
| FSN E-Commerce VenturesRetailing | 2.01% | 2.00% |
| Indian BankBanks | 1.76% | 1.78% |
| GMR AirportsTransport Infrastructure | 1.69% | 1.69% |
| UPLFertilizers & Agrochemicals | 1.61% | 1.60% |
| Glenmark PharmaceuticalsPharmaceuticals & Biotechnology | 1.46% | 1.48% |
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.