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7 of 111 unique stocks in common · Jaccard: 6.3%
A weighted portfolio overlap of 7.52% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.52 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is Cholamandalam Investment and Finance Company, which commands a weight of 2.71% in Aditya Birla Sun Life Nifty Next 50 Index Fund and 1.66% in Kotak Midcap Fund. Holding both schemes increases your concentration in Cholamandalam Investment and Finance Company 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 |
|---|---|---|
| Cholamandalam Investment and Finance CompanyFinance | 2.71% | 1.66% |
| Power Finance CorporationFinance | 2.65% | 1.64% |
| Solar Industries IndiaChemicals & Petrochemicals | 1.52% | 2.55% |
| Jindal SteelFerrous Metals | 1.84% | 0.96% |
| Bank of BarodaBanks | 1.98% | 0.70% |
| RECFinance | 1.79% | 0.69% |
| United SpiritsBeverages | 1.59% | 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.