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9 of 126 unique stocks in common · Jaccard: 7.1%
A weighted portfolio overlap of 10.27% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.27 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Bank of Maharashtra, which commands a weight of 2.91% in Aditya Birla Sun Life Special Opportunities Fund 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 | 2.91% | 2.10% |
| Fortis HealthcareHealthcare Services | 1.54% | 4.03% |
| SwiggyRetailing | 1.30% | 1.65% |
| EternalRetailing | 1.29% | 2.04% |
| Vishal Mega MartRetailing | 1.24% | 2.67% |
| ICICI Lombard General Insurance CompanyInsurance | 1.52% | 1.18% |
| Jindal SteelFerrous Metals | 0.95% | 0.96% |
| United SpiritsBeverages | 0.96% | 0.35% |
| MphasisIT - Software | 0.33% | 2.79% |
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.