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7 of 118 unique stocks in common · Jaccard: 5.9%
A weighted portfolio overlap of 10.81% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.81 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 Mphasis, which commands a weight of 4.33% in ICICI Prudential Technology Fund and 2.79% in Kotak Midcap Fund. Holding both schemes increases your concentration in Mphasis 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 |
|---|---|---|
| MphasisIT - Software | 4.33% | 2.79% |
| EternalRetailing | 1.95% | 2.04% |
| Bharti HexacomTelecom - Services | 1.98% | 1.76% |
| SwiggyRetailing | 1.75% | 1.65% |
| Persistent SystemsIT - Software | 2.01% | 1.62% |
| BirlasoftIT - Software | 0.82% | 0.91% |
| BSECapital Markets | 0.23% | 1.39% |
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.