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12 of 117 unique stocks in common · Jaccard: 10.3%
A weighted portfolio overlap of 12.3% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.3 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Bharat Electronics, which commands a weight of 2.53% in Aditya Birla Sun Life Manufacturing Equity Fund and 2.13% in Kotak Midcap Fund. Holding both schemes increases your concentration in Bharat Electronics 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 |
|---|---|---|
| Bharat ElectronicsAerospace & Defense | 2.53% | 2.13% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 1.85% | 2.91% |
| Blue StarConsumer Durables | 1.33% | 1.30% |
| Bharat ForgeAuto Components | 2.27% | 1.28% |
| SRFChemicals & Petrochemicals | 1.09% | 1.70% |
| VoltasConsumer Durables | 1.98% | 1.00% |
| Jindal SteelFerrous Metals | 2.71% | 0.96% |
| PI IndustriesFertilizers & Agrochemicals | 0.79% | 1.33% |
| Lenskart SolutionsRetailing | 1.11% | 0.65% |
| Dixon Technologies (India)Consumer Durables | 0.48% | 2.10% |
| Techno Electric & Engineering CompanyConstruction | 0.77% | 0.42% |
| United SpiritsBeverages | 0.86% | 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.