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7 of 101 unique stocks in common · Jaccard: 6.9%
A weighted portfolio overlap of 18.11% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.11 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 12.56% in ICICI Prudential Technology Fund and 7.82% in Kotak ESG Exclusionary Strategy 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 | 12.56% | 7.82% |
| InfosysIT - Software | 12.80% | 4.48% |
| EternalRetailing | 2.18% | 3.60% |
| Tata Consultancy ServicesIT - Software | 1.26% | 2.06% |
| HCL TechnologiesIT - Software | 2.20% | 1.25% |
| Tech MahindraIT - Software | 7.51% | 0.94% |
| Teamlease ServicesCommercial Services & Supplies | 0.18% | 0.40% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.