Loading fund overlap…
10 of 106 unique stocks in common · Jaccard: 9.4%
A weighted portfolio overlap of 11.03% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.03 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Shriram Finance, which commands a weight of 4.99% in Aditya Birla Sun Life Banking And Financial Services Fund and 1.92% in Kotak Small Cap Fund. Holding both schemes increases your concentration in Shriram Finance 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 Aditya | in Kotak |
|---|---|---|
| Shriram FinanceFinance | 4.99% | 1.92% |
| ICICI BankBanks | 13.26% | 1.86% |
| Aptus Value Housing Finance IndiaFinance | 1.94% | 1.66% |
| Axis BankBanks | 8.25% | 1.58% |
| ICICI Lombard General Insurance CompanyInsurance | 2.81% | 1.21% |
| Home First Finance Company IndiaFinance | 1.17% | 0.87% |
| Ujjivan Small Finance BankBanks | 0.81% | 1.10% |
| Karur Vysya BankBanks | 0.62% | 0.93% |
| 360 One WamCapital Markets | 0.34% | 0.97% |
| Anand Rathi Share & Stock BrokersCapital Markets | 0.82% | 0.16% |
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.