Loading fund overlap…
7 of 263 unique stocks in common · Jaccard: 2.7%
A weighted portfolio overlap of 4.21% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.21 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is The South Indian Bank, which commands a weight of 1.28% in Back to Index and 1.19% in Kotak Special Opportunities Fund. Holding both schemes increases your concentration in The South Indian 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 Back | in Kotak |
|---|---|---|
| The South Indian BankBanks | 1.28% | 1.19% |
| Azad EngineeringElectrical Equipment | 0.77% | 2.89% |
| Avanti FeedsFood Products | 0.68% | 2.86% |
| Marksans PharmaPharmaceuticals & Biotechnology | 0.58% | 4.45% |
| Yatharth Hospital And Trauma Care ServicesHealthcare Services | 0.44% | 1.73% |
| Jana Small Finance BankBanks | 0.31% | 2.14% |
| Indigo PaintsConsumer Durables | 0.24% | 2.57% |
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.