Loading fund overlap…
10 of 102 unique stocks in common · Jaccard: 9.8%
A weighted portfolio overlap of 13.48% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.48 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is L&T Finance, which commands a weight of 2.31% in Aditya Birla Sun Life Quant Fund and 2.27% in Kotak Midcap Fund. Holding both schemes increases your concentration in L&T Finance 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 |
|---|---|---|
| L&T FinanceFinance | 2.31% | 2.27% |
| The Federal BankBanks | 4.08% | 2.14% |
| Indian BankBanks | 2.08% | 2.37% |
| Hindustan Petroleum CorporationPetroleum Products | 1.97% | 1.41% |
| Max Financial ServicesInsurance | 1.29% | 1.47% |
| Bharat ForgeAuto Components | 2.21% | 1.28% |
| Jindal SteelFerrous Metals | 2.47% | 0.96% |
| KEI IndustriesIndustrial Products | 0.78% | 2.98% |
| Bank of BarodaBanks | 2.51% | 0.70% |
| Apollo Hospitals EnterpriseHealthcare Services | 3.31% | 0.57% |
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.