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19 of 63 unique stocks in common · Jaccard: 30.2%
A weighted portfolio overlap of 51.71% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹51.71 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is NTPC, which commands a weight of 10.50% in Bharat 22 ETF and 8.41% in Kotak BSE PSU Index Fund. Holding both schemes increases your concentration in NTPC 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 Bharat | in Kotak |
|---|---|---|
| NTPCPower | 10.50% | 8.41% |
| State Bank of IndiaBanks | 8.07% | 18.34% |
| Power Grid Corporation of IndiaPower | 7.55% | 6.05% |
| Coal IndiaConsumable Fuels | 5.69% | 4.78% |
| Oil & Natural Gas CorporationOil | 5.65% | 4.75% |
| Bharat ElectronicsAerospace & Defense | 4.74% | 6.74% |
| Bharat Petroleum CorporationPetroleum Products | 3.16% | 2.66% |
| Indian Oil CorporationPetroleum Products | 2.80% | 2.36% |
| GAIL (India)Gas | 2.41% | 2.03% |
| National Aluminium CompanyNon - Ferrous Metals | 5.37% | 1.75% |
| Power Finance CorporationFinance | 1.25% | 2.85% |
| NHPCPower | 1.40% | 1.12% |
| Bank of BarodaBanks | 1.01% | 2.29% |
| RECFinance | 0.84% | 1.92% |
| Indian BankBanks | 0.59% | 1.34% |
| NLC IndiaPower | 0.63% | 0.51% |
| NBCC (India)Construction | 0.33% | 0.47% |
| SJVNPower | 0.30% | 0.24% |
| Engineers IndiaConstruction | 0.21% | 0.29% |
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.