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11 of 126 unique stocks in common · Jaccard: 8.7%
A weighted portfolio overlap of 10% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Eternal, which commands a weight of 5.06% in Aditya Birla Sun Life Consumption Fund and 2.04% in Kotak Midcap Fund. Holding both schemes increases your concentration in Eternal 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 |
|---|---|---|
| EternalRetailing | 5.06% | 2.04% |
| Metro BrandsConsumer Durables | 1.19% | 1.21% |
| ICICI Lombard General Insurance CompanyInsurance | 1.10% | 1.18% |
| SwiggyRetailing | 0.98% | 1.65% |
| Vishal Mega MartRetailing | 0.98% | 2.67% |
| VoltasConsumer Durables | 0.95% | 1.00% |
| MRFAuto Components | 0.75% | 0.92% |
| Lenskart SolutionsRetailing | 0.97% | 0.65% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.90% | 0.57% |
| Max Financial ServicesInsurance | 0.44% | 1.47% |
| United SpiritsBeverages | 2.19% | 0.35% |
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.