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9 of 144 unique stocks in common · Jaccard: 6.3%
A weighted portfolio overlap of 10.7% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.7 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 12.22% in ICICI Prudential Technology Fund and 6.13% in Kotak Equity Savings Fund. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 12.22% | 6.13% |
| MphasisIT - Software | 4.33% | 1.63% |
| EternalRetailing | 1.95% | 0.92% |
| Hindustan AeronauticsAerospace & Defense | 0.96% | 0.90% |
| SwiggyRetailing | 1.75% | 0.53% |
| Tata Consultancy ServicesIT - Software | 1.89% | 0.28% |
| InfosysIT - Software | 13.37% | 0.20% |
| BSECapital Markets | 0.23% | 0.10% |
| Computer Age Management ServicesCapital Markets | 1.06% | 0.01% |
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.