ICICI Prudential Nifty Top 15 Equal Weight ETF vs Kotak Nifty Top 10 Equal Weight Index Fund
ICICI vs Kotak· Portfolio Overlap Analysis
64.5%High Overlap
10 common stocksRank #3898 / 20,000
Investor takeaway: These funds overlap 64.5%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (10)
| Stock | Wt% in ICICI Prudential Nifty Top 15 | Wt% in Kotak Nifty Top 10 Equal Weigh | Overlap |
|---|---|---|---|
Axis Bank Ltd. Banks | 7.89% | 12.17% | 7.89% |
Larsen & Toubro Ltd. Construction | 7.39% | 11.42% | 7.39% |
ICICI Bank Ltd. Banks | 7.15% | 11.03% | 7.15% |
Kotak Mahindra Bank Ltd. Banks | 6.71% | 10.36% | 6.71% |
HDFC Bank Ltd. Banks | 6.26% | 9.67% | 6.26% |
Reliance Industries Ltd. Petroleum Products | 6.26% | 9.66% | 6.26% |
Bharti Airtel Ltd. Telecom - Services | 6.25% | 9.64% | 6.25% |
Tata Consultancy Services Ltd. It - Software | 5.62% | 8.69% | 5.62% |
Infosys Ltd. It - Software | 5.50% | 8.48% | 5.50% |
ITC Ltd. Diversified Fmcg | 5.43% | 8.38% | 5.43% |
Unique to ICICI Prudential Nifty Top 15
- State Bank Of India8.70%
- Hindustan Unilever Ltd.7.03%
- Bajaj Finance Ltd.6.97%
- Mahindra & Mahindra Ltd.6.56%
Unique to Kotak Nifty Top 10 Equal Weigh
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks28.0% (4)
It - Software11.1% (2)
Construction7.4% (1)
Petroleum Products6.3% (1)
Telecom - Services6.3% (1)
Diversified Fmcg5.4% (1)
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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.