ICICI Prudential Savings Fund - Direct Plan - Growth vs Kotak Low Duration Fund- Direct Plan- Growth Option — portfolio overlap

27.08% of these two portfolios is the same. A substantial shared core, which is normal for two funds in the same category — they are drawing from the same universe. The part that differs is what you are actually paying the second manager for.

Portfolio overlap

27.08%

Stocks held by both

37

Only in ICICI Prudential Mutual Fund's fund

77

Only in Kotak Mahindra Mutual Fund's fund

65

Overlap is weighted: for every stock both funds hold, we take the smaller of the two weights and add them up. So two funds each holding 5% of the same stock overlap by 5 points, not 10. Cash and equivalents (repo, TREPS, receivables) are excluded — nearly every fund holds them, and shared cash is not shared conviction.

Stocks both funds hold— top 25 of 37, by shared weight

StockSectorIn ICICI Prudential Mutual Fund'sIn Kotak Mahindra Mutual Fund'sShared
BANK OF BARODA CD 25JAN27Financial2.67%2.40%2.40%
PUNJAB NATIONAL BANK CD 04FEB27Financial2.22%3.98%2.22%
PUNJAB NATIONAL BANK CD 10FEB27Financial2.22%3.60%2.22%
REC LIMITED SR 230-A 7.71 BD 26FB27 FVRS1LACFinancial1.96%2.06%1.96%
BANK OF INDIA CD 18FEB27Financial1.88%2.00%1.88%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 09FEB27Financial1.77%1.99%1.77%
RADHAKRISHNA SECURITISATION TRUST RK TRUST PTC 15SEPT25Unspecified3.95%1.69%1.69%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LACFinancial1.38%3.94%1.38%
JTPM METAL TRADERS LIMITED NCD 30AP30 FVRS1LACMaterials1.33%3.56%1.33%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25C 7.44 BD 24FB28 FVRS1LACFinancial2.09%1.32%1.32%
PIRAMAL FINANCE LIMITED 9.15 NCD 17JU27 FVRS1LACFinancial1.73%0.83%0.83%
REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LACFinancial1.02%0.83%0.83%
EMBASSY OFFICE PARKS REIT SR XIV 6.9650 NCD 19MR27 FVRS1LACReal Estate0.92%0.83%0.83%
EMBASSY OFFICE PARKS REIT SR VI 7.35 NCD 05AP27 FVRS10LACReal Estate0.76%0.82%0.76%
NEXUS SELECT TRUST SR III RR NCD 02MY32 FVRS1LACIndustrials0.46%0.83%0.46%
INDIA UNIVERSAL TRUST AL1 SERIES A2 PTC 25SEP24Unspecified0.42%0.95%0.42%
LIC HOUSING FINANCE LTD TR 454 7.58 NCD 23MR35 FVRS1LACFinancial0.92%0.42%0.42%
TATA CAPITAL HOUSING FINANCE LIMITED SR E 7.30 NCD 11FB28 FVRS1LACFinancial0.89%0.41%0.41%
REC LIMITED SR 232 A 7.59 BD 31MY27 FVRS1LACFinancial0.85%0.41%0.41%
BANK OF BARODA CD 04FEB27Financial0.82%0.40%0.40%
PUNJAB NATIONAL BANK CD 05FEB27Financial0.38%1.60%0.38%
Others Class A2 AIFUnspecified0.40%0.36%0.36%
PUNJAB NATIONAL BANK CD 28JAN27Financial0.33%0.40%0.33%
BANK OF BARODA CD 03FEB27Financial0.33%0.40%0.33%
CANARA BANK CD 12FEB27Financial0.33%2.80%0.33%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 143 and 104 holdings respectively — not live positions.