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16 of 74 unique stocks in common · Jaccard: 21.6%
A weighted portfolio overlap of 33.44% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹33.44 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.46% in DSP Large Cap Fund and 7.96% in Kotak Business Cycle Fund. Holding both schemes increases your concentration in ICICI 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 DSP | in Kotak |
|---|---|---|
| ICICI BankBanks | 9.46% | 7.96% |
| Axis BankBanks | 5.74% | 4.19% |
| HDFC BankBanks | 9.19% | 2.64% |
| Maruti Suzuki IndiaAutomobiles | 2.29% | 2.50% |
| Mahindra & MahindraAutomobiles | 4.98% | 2.09% |
| SBI Life Insurance CompanyInsurance | 2.67% | 1.94% |
| Ultratech CementCement & Cement Products | 2.65% | 1.90% |
| InfosysIT - Software | 5.00% | 1.77% |
| Reliance IndustriesPetroleum Products | 4.18% | 1.50% |
| NTPCPower | 3.41% | 1.36% |
| ICICI Prudential Asset Management CompanyCapital Markets | 1.25% | 1.22% |
| ICICI Lombard General Insurance CompanyInsurance | 1.06% | 1.98% |
| United SpiritsBeverages | 1.01% | 1.40% |
| Jubilant IngreviaChemicals & Petrochemicals | 0.94% | 1.01% |
| ITCDiversified FMCG | 5.63% | 0.82% |
| Hindustan AeronauticsAerospace & Defense | 0.75% | 0.82% |
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.