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40 of 851 unique stocks in common · Jaccard: 4.7%
A weighted portfolio overlap of 11.79% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.79 is allocated to the exact same companies at the same relative proportions. The schemes share 40 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 2.68% in Back to Index and 6.80% in Kotak Consumption Fund. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 2.68% | 6.80% |
| ITCDiversified FMCG | 1.52% | 1.66% |
| Mahindra & MahindraAutomobiles | 1.38% | 1.83% |
| Hindustan UnileverDiversified FMCG | 1.00% | 4.00% |
| EternalRetailing | 0.88% | 5.98% |
| Maruti Suzuki IndiaAutomobiles | 0.88% | 7.62% |
| Eicher MotorsAutomobiles | 0.49% | 1.61% |
| Varun BeveragesBeverages | 0.35% | 2.56% |
| Avenue SupermartsRetailing | 0.34% | 1.70% |
| Britannia IndustriesFood Products | 0.34% | 3.62% |
| Hero MotoCorpAutomobiles | 0.33% | 4.95% |
| Godrej Consumer ProductsPersonal Products | 0.21% | 1.71% |
| SwiggyRetailing | 0.19% | 1.36% |
| Dabur IndiaPersonal Products | 0.13% | 1.06% |
| MRFAuto Components | 0.13% | 0.74% |
| Radico KhaitanBeverages | 0.13% | 5.18% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.09% | 2.53% |
| Jubilant FoodworksLeisure Services | 0.09% | 1.79% |
| Krishna Institute Of Medical SciencesHealthcare Services | 0.08% | 1.06% |
| Acutaas ChemicalsPharmaceuticals & Biotechnology | 0.07% | 4.91% |
| Ajanta PharmaPharmaceuticals & Biotechnology | 0.06% | 2.00% |
| Kajaria CeramicsConsumer Durables | 0.05% | 1.86% |
| EmamiPersonal Products | 0.04% | 0.81% |
| Jubilant PharmovaPharmaceuticals & Biotechnology | 0.04% | 1.68% |
| Ola Electric MobilityAutomobiles | 0.04% | 2.49% |
| PVR INOXEntertainment | 0.04% | 1.76% |
| Avanti FeedsFood Products | 0.03% | 1.44% |
| Sun TV NetworkEntertainment | 0.03% | 1.38% |
| Century Plyboards (India)Consumer Durables | 0.02% | 0.62% |
| Honasa ConsumerPersonal Products | 0.02% | 0.97% |
| Sapphire Foods IndiaLeisure Services | 0.02% | 0.85% |
| Greenpanel IndustriesConsumer Durables | 0.01% | 2.67% |
| Indigo PaintsConsumer Durables | 0.01% | 0.89% |
| Innova CaptabsPharmaceuticals & Biotechnology | 0.01% | 1.12% |
| Navneet EducationHousehold Products | 0.01% | 0.31% |
| PokarnaConsumer Durables | 0.01% | 1.56% |
| Shopper StopRetailing | 0.01% | 0.45% |
| SubrosIndustrial Products | 0.01% | 1.08% |
| V.S.T Tillers TractorsAgricultural, Commercial & Construction Vehicles | 0.01% | 1.51% |
| Vedant FashionsRetailing | 0.01% | 0.49% |
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.