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11 of 112 unique stocks in common · Jaccard: 9.8%
A weighted portfolio overlap of 13.95% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.95 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 Fortis Healthcare, which commands a weight of 2.49% in Aditya Birla Sun Life ELSS Tax Saver Fund and 4.03% in Kotak Midcap Fund. Holding both schemes increases your concentration in Fortis Healthcare 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 |
|---|---|---|
| Fortis HealthcareHealthcare Services | 2.49% | 4.03% |
| The Federal BankBanks | 2.45% | 2.14% |
| EternalRetailing | 2.24% | 2.04% |
| Cholamandalam Investment and Finance CompanyFinance | 1.46% | 1.66% |
| Max Financial ServicesInsurance | 1.04% | 1.47% |
| L&T FinanceFinance | 1.01% | 2.27% |
| Dixon Technologies (India)Consumer Durables | 0.95% | 2.10% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 1.20% | 0.81% |
| Persistent SystemsIT - Software | 0.74% | 1.62% |
| Nippon Life India Asset ManagementCapital Markets | 0.64% | 1.62% |
| Home First Finance Company IndiaFinance | 0.79% | 0.63% |
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.