Loading fund overlap…
23 of 120 unique stocks in common · Jaccard: 19.2%
A weighted portfolio overlap of 28% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28 is allocated to the exact same companies at the same relative proportions. The schemes share 23 common holdings.
The largest overlapping asset in their portfolios is KEI Industries, which commands a weight of 2.17% in Aditya Birla Sun Life Midcap 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 | 2.17% | 2.98% |
| The Federal BankBanks | 3.21% | 2.14% |
| Dixon Technologies (India)Consumer Durables | 2.24% | 2.10% |
| JK CementCement & Cement Products | 2.88% | 1.94% |
| SwiggyRetailing | 1.57% | 1.65% |
| MphasisIT - Software | 1.49% | 2.79% |
| Max Financial ServicesInsurance | 3.09% | 1.47% |
| Vishal Mega MartRetailing | 1.42% | 2.67% |
| Persistent SystemsIT - Software | 1.42% | 1.62% |
| Bank of MaharashtraBanks | 1.26% | 2.10% |
| Fortis HealthcareHealthcare Services | 1.22% | 4.03% |
| Apar IndustriesElectrical Equipment | 1.20% | 2.22% |
| Poonawalla FincorpFinance | 1.37% | 1.16% |
| Schaeffler IndiaAuto Components | 1.09% | 1.92% |
| Jindal SteelFerrous Metals | 1.97% | 0.96% |
| SRFChemicals & Petrochemicals | 0.93% | 1.70% |
| UNO MindaAuto Components | 1.91% | 0.85% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 0.70% | 2.91% |
| L&T FinanceFinance | 0.70% | 2.27% |
| VoltasConsumer Durables | 0.65% | 1.00% |
| Bharat ForgeAuto Components | 0.62% | 1.28% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.21% | 0.57% |
| United SpiritsBeverages | 0.73% | 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.