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9 of 98 unique stocks in common · Jaccard: 9.2%
A weighted portfolio overlap of 20.74% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.74 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 12.56% in ICICI Prudential Technology Fund and 8.09% in Kotak Services 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% | 8.09% |
| InfosysIT - Software | 12.80% | 3.98% |
| Tech MahindraIT - Software | 7.51% | 3.49% |
| HCL TechnologiesIT - Software | 2.20% | 1.71% |
| Info Edge (India)Retailing | 1.76% | 1.45% |
| Angel OneCapital Markets | 0.78% | 1.16% |
| DelhiveryTransport Services | 0.61% | 1.25% |
| EternalRetailing | 2.18% | 0.50% |
| Tata TechnologiesIT - Services | 0.12% | 0.64% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.