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22 of 81 unique stocks in common · Jaccard: 27.2%
A weighted portfolio overlap of 46.44% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹46.44 is allocated to the exact same companies at the same relative proportions. The schemes share 22 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.26% in Aditya Birla Sun Life ESG Integration Strategy Fund and 5.10% in Kotak ESG Exclusionary Strategy Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 8.26% | 5.10% |
| HDFC BankBanks | 4.60% | 6.04% |
| Bharti AirtelTelecom - Services | 4.15% | 7.42% |
| Axis BankBanks | 3.68% | 4.18% |
| InfosysIT - Software | 3.56% | 4.71% |
| State Bank of IndiaBanks | 3.23% | 3.52% |
| Bajaj FinanceFinance | 2.43% | 4.06% |
| Tata Consultancy ServicesIT - Software | 2.19% | 2.02% |
| Shriram FinanceFinance | 2.02% | 3.46% |
| EternalRetailing | 1.96% | 4.75% |
| Hero MotoCorpAutomobiles | 1.95% | 2.29% |
| Avenue SupermartsRetailing | 1.74% | 1.81% |
| Indus TowersTelecom - Services | 1.45% | 1.33% |
| Kotak Mahindra BankBanks | 3.72% | 1.30% |
| Britannia IndustriesFood Products | 1.21% | 1.55% |
| Hindustan UnileverDiversified FMCG | 2.13% | 1.17% |
| HCL TechnologiesIT - Software | 1.19% | 1.12% |
| Godrej Consumer ProductsPersonal Products | 0.94% | 2.01% |
| Tech MahindraIT - Software | 0.93% | 1.41% |
| Mahindra & MahindraAutomobiles | 2.24% | 0.91% |
| V-Mart RetailRetailing | 1.80% | 0.65% |
| JK CementCement & Cement Products | 1.78% | 0.42% |
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.