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6 of 76 unique stocks in common · Jaccard: 7.9%
A weighted portfolio overlap of 10.67% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.67 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 2.52% in Back to Index and 7.98% in Kotak Infrastructure and Economic Reform Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 2.52% | 7.98% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 4.61% | 1.96% |
| Bharat ElectronicsAerospace & Defense | 2.77% | 1.72% |
| Samvardhana Motherson InternationalAuto Components | 4.06% | 1.71% |
| ABB IndiaElectrical Equipment | 5.55% | 1.54% |
| Azad EngineeringElectrical Equipment | 4.48% | 1.22% |
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.