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12 of 108 unique stocks in common · Jaccard: 11.1%
A weighted portfolio overlap of 11.53% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.53 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Bank of Maharashtra, which commands a weight of 1.56% in Aditya Birla Sun Life Retirement Fund - The 40S Plan and 2.10% in Kotak Midcap Fund. Holding both schemes increases your concentration in Bank of Maharashtra 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 |
|---|---|---|
| Bank of MaharashtraBanks | 1.56% | 2.10% |
| Bharti HexacomTelecom - Services | 1.34% | 1.76% |
| Max Financial ServicesInsurance | 1.26% | 1.47% |
| Fortis HealthcareHealthcare Services | 1.23% | 4.03% |
| ICICI Lombard General Insurance CompanyInsurance | 1.72% | 1.18% |
| Dixon Technologies (India)Consumer Durables | 1.11% | 2.10% |
| EternalRetailing | 1.09% | 2.04% |
| VoltasConsumer Durables | 0.89% | 1.00% |
| Bank of BarodaBanks | 0.70% | 0.70% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.49% | 0.57% |
| BirlasoftIT - Software | 0.36% | 0.91% |
| Cholamandalam Investment and Finance CompanyFinance | 0.23% | 1.66% |
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.