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18 of 93 unique stocks in common · Jaccard: 19.4%
A weighted portfolio overlap of 29.19% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.19 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.63% in ICICI Prudential Quality Fund and 7.96% in Kotak Business Cycle 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 | 6.63% | 7.96% |
| HDFC BankBanks | 3.57% | 2.64% |
| Godrej Consumer ProductsPersonal Products | 2.10% | 2.14% |
| Mahindra & MahindraAutomobiles | 2.50% | 2.09% |
| InfosysIT - Software | 3.78% | 1.77% |
| Ultratech CementCement & Cement Products | 1.77% | 1.90% |
| MphasisIT - Software | 1.67% | 1.67% |
| ICICI Lombard General Insurance CompanyInsurance | 1.41% | 1.98% |
| EternalRetailing | 1.26% | 3.21% |
| Bharti HexacomTelecom - Services | 1.22% | 3.01% |
| Vijaya Diagnostic CentreHealthcare Services | 1.20% | 3.08% |
| 360 One WamCapital Markets | 1.09% | 2.33% |
| Hindustan AeronauticsAerospace & Defense | 2.06% | 0.82% |
| ITCDiversified FMCG | 0.93% | 0.82% |
| LG Electronics IndiaConsumer Durables | 0.77% | 1.10% |
| Tech MahindraIT - Software | 1.86% | 0.76% |
| NTPCPower | 0.60% | 1.36% |
| Brigade EnterprisesRealty | 0.57% | 1.30% |
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.