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10 of 103 unique stocks in common · Jaccard: 9.7%
A weighted portfolio overlap of 17.47% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.47 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 GE Vernova T&D India, which commands a weight of 3.88% in Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund and 4.22% in Kotak Midcap Fund. Holding both schemes increases your concentration in GE Vernova T&D India 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 |
|---|---|---|
| GE Vernova T&D IndiaElectrical Equipment | 3.88% | 4.22% |
| The Federal BankBanks | 3.77% | 2.14% |
| Bharat ElectronicsAerospace & Defense | 3.91% | 2.13% |
| Fortis HealthcareHealthcare Services | 1.85% | 4.03% |
| Indian BankBanks | 1.74% | 2.37% |
| L&T FinanceFinance | 1.55% | 2.27% |
| Max Financial ServicesInsurance | 2.70% | 1.47% |
| Bharat ForgeAuto Components | 2.62% | 1.28% |
| Aster DM HealthcareHealthcare Services | 0.73% | 0.89% |
| Bank of BarodaBanks | 2.26% | 0.70% |
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.