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8 of 95 unique stocks in common · Jaccard: 8.4%
A weighted portfolio overlap of 4.53% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.53 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Fortis Healthcare, which commands a weight of 1.14% in Aditya Birla Sun Life Retirement Fund - The 50S Plan and 4.03% in Kotak Midcap Fund. Holding both schemes increases your concentration in Fortis Healthcare 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 |
|---|---|---|
| Fortis HealthcareHealthcare Services | 1.14% | 4.03% |
| Max Financial ServicesInsurance | 0.89% | 1.47% |
| The Federal BankBanks | 0.82% | 2.14% |
| Bank of MaharashtraBanks | 0.50% | 2.10% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.46% | 0.57% |
| Bank of BarodaBanks | 0.39% | 0.70% |
| EternalRetailing | 0.23% | 2.04% |
| Cholamandalam Investment and Finance CompanyFinance | 0.10% | 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.