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12 of 114 unique stocks in common · Jaccard: 10.5%
A weighted portfolio overlap of 13.1% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.1 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Bharat Electronics, which commands a weight of 4.04% in ICICI Prudential Quality Fund and 2.13% in Kotak Midcap Fund. Holding both schemes increases your concentration in Bharat Electronics 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 |
|---|---|---|
| Bharat ElectronicsAerospace & Defense | 4.04% | 2.13% |
| MphasisIT - Software | 1.67% | 2.79% |
| Cholamandalam Investment and Finance CompanyFinance | 2.83% | 1.66% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 1.91% | 1.61% |
| EternalRetailing | 1.26% | 2.04% |
| Bharti HexacomTelecom - Services | 1.22% | 1.76% |
| ICICI Lombard General Insurance CompanyInsurance | 1.41% | 1.18% |
| Coromandel InternationalFertilizers & Agrochemicals | 0.94% | 1.55% |
| Max Healthcare InstituteHealthcare Services | 0.52% | 0.80% |
| Fortis HealthcareHealthcare Services | 0.46% | 4.03% |
| Blue StarConsumer Durables | 0.37% | 1.30% |
| Prudent Corporate Advisory ServicesCapital Markets | 0.08% | 0.80% |
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.