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17 of 102 unique stocks in common · Jaccard: 16.7%
A weighted portfolio overlap of 27.04% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.04 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 ICICI Bank, which commands a weight of 3.68% in Aditya Birla Sun Life Special Opportunities Fund and 5.07% in Kotak Dividend Yield Fund. Holding both schemes increases your concentration in ICICI Bank 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 |
|---|---|---|
| ICICI BankBanks | 3.68% | 5.07% |
| Bharti AirtelTelecom - Services | 5.22% | 3.26% |
| Axis BankBanks | 2.71% | 2.27% |
| Bank of MaharashtraBanks | 2.91% | 2.26% |
| Indus TowersTelecom - Services | 1.79% | 2.61% |
| Shriram FinanceFinance | 3.70% | 1.70% |
| InfosysIT - Software | 2.70% | 1.69% |
| Reliance IndustriesPetroleum Products | 1.49% | 3.49% |
| Tech MahindraIT - Software | 1.43% | 1.36% |
| HDFC BankBanks | 1.33% | 5.13% |
| Mahindra & MahindraAutomobiles | 1.80% | 1.11% |
| Hindalco IndustriesNon - Ferrous Metals | 1.01% | 1.46% |
| United SpiritsBeverages | 0.96% | 2.42% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.91% | 2.56% |
| IndusInd BankBanks | 0.89% | 1.94% |
| Ujjivan Small Finance BankBanks | 1.34% | 0.83% |
| Hero MotoCorpAutomobiles | 0.49% | 0.83% |
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.