Loading fund overlap…
15 of 119 unique stocks in common · Jaccard: 12.6%
A weighted portfolio overlap of 16.17% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.17 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is The Federal Bank, which commands a weight of 1.59% in Aditya Birla Sun Life Business Cycle Fund and 2.14% in Kotak Midcap Fund. Holding both schemes increases your concentration in The Federal Bank 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 |
|---|---|---|
| The Federal BankBanks | 1.59% | 2.14% |
| JK CementCement & Cement Products | 1.57% | 1.94% |
| Persistent SystemsIT - Software | 1.35% | 1.62% |
| Blue StarConsumer Durables | 1.35% | 1.30% |
| Bharat ForgeAuto Components | 1.95% | 1.28% |
| ICICI Lombard General Insurance CompanyInsurance | 1.57% | 1.18% |
| Schaeffler IndiaAuto Components | 1.10% | 1.92% |
| EternalRetailing | 1.08% | 2.04% |
| Vishal Mega MartRetailing | 1.01% | 2.67% |
| Jindal SteelFerrous Metals | 2.30% | 0.96% |
| Cholamandalam Investment and Finance CompanyFinance | 0.93% | 1.66% |
| PI IndustriesFertilizers & Agrochemicals | 0.91% | 1.33% |
| Bank of MaharashtraBanks | 0.69% | 2.10% |
| Lenskart SolutionsRetailing | 1.83% | 0.65% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.36% | 0.57% |
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.