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47 of 181 unique stocks in common · Jaccard: 26%
A weighted portfolio overlap of 57.59% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹57.59 is allocated to the exact same companies at the same relative proportions. The schemes share 47 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 6.56% in Aditya Birla Sun Life Msci India ETF and 6.40% in Kotak Large Cap Fund. Holding both schemes increases your concentration in Reliance 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 6.56% | 6.40% |
| HDFC BankBanks | 6.62% | 6.25% |
| ICICI BankBanks | 5.03% | 6.98% |
| Bharti AirtelTelecom - Services | 3.65% | 3.97% |
| InfosysIT - Software | 2.89% | 3.13% |
| Axis BankBanks | 2.19% | 3.25% |
| Mahindra & MahindraAutomobiles | 2.17% | 2.45% |
| Larsen & ToubroConstruction | 2.04% | 4.56% |
| Bajaj FinanceFinance | 1.98% | 2.98% |
| Tata Consultancy ServicesIT - Software | 1.68% | 1.63% |
| Kotak Mahindra BankBanks | 1.58% | 1.49% |
| State Bank of IndiaBanks | 1.48% | 4.20% |
| NTPCPower | 1.31% | 3.18% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.31% | 1.81% |
| Maruti Suzuki IndiaAutomobiles | 1.26% | 2.15% |
| Tata SteelFerrous Metals | 1.19% | 2.26% |
| Bharat ElectronicsAerospace & Defense | 1.19% | 1.32% |
| Hindustan UnileverDiversified FMCG | 1.39% | 1.13% |
| Hindalco IndustriesNon - Ferrous Metals | 1.05% | 1.69% |
| Ultratech CementCement & Cement Products | 1.03% | 2.09% |
| Shriram FinanceFinance | 1.00% | 1.64% |
| ITCDiversified FMCG | 0.71% | 1.52% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.62% | 1.35% |
| InterGlobe AviationTransport Services | 0.61% | 1.79% |
| Tech MahindraIT - Software | 0.60% | 1.21% |
| Cummins IndiaIndustrial Products | 0.54% | 1.34% |
| Power Finance CorporationFinance | 0.50% | 0.95% |
| Britannia IndustriesFood Products | 0.47% | 0.71% |
| Hero MotoCorpAutomobiles | 0.46% | 0.50% |
| EternalRetailing | 0.45% | 1.46% |
| HDFC Life Insurance CompanyInsurance | 0.43% | 0.71% |
| Persistent SystemsIT - Software | 0.40% | 0.66% |
| Samvardhana Motherson InternationalAuto Components | 0.39% | 1.08% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 0.37% | 1.58% |
| Bharat Petroleum CorporationPetroleum Products | 0.34% | 1.20% |
| Bharat ForgeAuto Components | 0.34% | 0.92% |
| Tata Motors Passenger VehiclesAutomobiles | 0.52% | 0.33% |
| Godrej Consumer ProductsPersonal Products | 0.33% | 1.07% |
| Solar Industries IndiaChemicals & Petrochemicals | 0.31% | 2.13% |
| United SpiritsBeverages | 0.29% | 1.16% |
| SwiggyRetailing | 0.28% | 0.34% |
| Hindustan AeronauticsAerospace & Defense | 0.65% | 0.23% |
| Vishal Mega MartRetailing | 0.21% | 0.49% |
| MphasisIT - Software | 0.21% | 0.57% |
| BoschAuto Components | 0.18% | 0.78% |
| Coromandel InternationalFertilizers & Agrochemicals | 0.18% | 1.00% |
| Oberoi RealtyRealty | 0.16% | 0.59% |
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.