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17 of 129 unique stocks in common · Jaccard: 13.2%
A weighted portfolio overlap of 17.71% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.71 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is Eternal, which commands a weight of 2.21% in Aditya Birla Sun Life Multi-Cap Fund and 2.04% in Kotak Midcap Fund. Holding both schemes increases your concentration in Eternal 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 |
|---|---|---|
| EternalRetailing | 2.21% | 2.04% |
| Persistent SystemsIT - Software | 1.58% | 1.62% |
| Max Financial ServicesInsurance | 1.45% | 1.47% |
| Power Finance CorporationFinance | 1.44% | 1.64% |
| Fortis HealthcareHealthcare Services | 1.32% | 4.03% |
| Bharat ForgeAuto Components | 1.20% | 1.28% |
| Bank of MaharashtraBanks | 1.06% | 2.10% |
| Vishal Mega MartRetailing | 1.05% | 2.67% |
| The Federal BankBanks | 0.97% | 2.14% |
| Jindal SteelFerrous Metals | 1.20% | 0.96% |
| Apar IndustriesElectrical Equipment | 0.88% | 2.22% |
| VoltasConsumer Durables | 0.86% | 1.00% |
| JK CementCement & Cement Products | 0.80% | 1.94% |
| Home First Finance Company IndiaFinance | 0.67% | 0.63% |
| Hindustan Petroleum CorporationPetroleum Products | 0.58% | 1.41% |
| Lenskart SolutionsRetailing | 0.53% | 0.65% |
| United SpiritsBeverages | 1.12% | 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.