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10 of 150 unique stocks in common · Jaccard: 6.7%
A weighted portfolio overlap of 7.17% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.17 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Apar Industries, which commands a weight of 1.86% in ICICI Prudential Retirement Fund - Pure Equity Plan 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 | 1.24% | 1.39% |
| Bharat ForgeAuto Components | 1.00% | 1.28% |
| Nippon Life India Asset ManagementCapital Markets | 0.70% | 1.62% |
| PI IndustriesFertilizers & Agrochemicals | 0.69% | 1.33% |
| Jindal SteelFerrous Metals | 0.53% | 0.96% |
| United SpiritsBeverages | 1.86% | 0.35% |
| VoltasConsumer Durables | 0.32% | 1.00% |
| Ratnamani Metals & TubesIndustrial Products | 0.23% | 0.75% |
| Power Finance CorporationFinance | 0.22% | 1.64% |
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.