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20 of 117 unique stocks in common · Jaccard: 17.1%
A weighted portfolio overlap of 23.67% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.67 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is KEI Industries, which commands a weight of 2.28% in Aditya Birla Sun Life Large & Mid Cap Fund and 2.98% in Kotak Midcap Fund. Holding both schemes increases your concentration in KEI Industries 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 |
|---|---|---|
| KEI IndustriesIndustrial Products | 2.28% | 2.98% |
| Bharat ElectronicsAerospace & Defense | 2.05% | 2.13% |
| JK CementCement & Cement Products | 2.86% | 1.94% |
| Schaeffler IndiaAuto Components | 1.69% | 1.92% |
| Bank of MaharashtraBanks | 1.60% | 2.10% |
| EternalRetailing | 1.47% | 2.04% |
| Max Financial ServicesInsurance | 2.45% | 1.47% |
| Fortis HealthcareHealthcare Services | 1.38% | 4.03% |
| SwiggyRetailing | 1.35% | 1.65% |
| ICICI Lombard General Insurance CompanyInsurance | 1.33% | 1.18% |
| PI IndustriesFertilizers & Agrochemicals | 1.01% | 1.33% |
| Jindal SteelFerrous Metals | 2.29% | 0.96% |
| UNO MindaAuto Components | 1.95% | 0.85% |
| Blue StarConsumer Durables | 0.85% | 1.30% |
| Max Healthcare InstituteHealthcare Services | 0.95% | 0.80% |
| Hindustan Petroleum CorporationPetroleum Products | 0.77% | 1.41% |
| RECFinance | 1.17% | 0.69% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.59% | 0.57% |
| MphasisIT - Software | 0.57% | 2.79% |
| Lenskart SolutionsRetailing | 0.19% | 0.65% |
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.