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10 of 10 unique stocks in common · Jaccard: 100%
A weighted portfolio overlap of 99.25% indicates a extreme overlap (near-identical portfolios). This means that out of every ₹100 you invest across these two schemes, approximately ₹99.25 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Larsen & Toubro, which commands a weight of 11.48% in DSP Nifty Top 10 Equal Weight ETF and 11.51% in Kotak Nifty Top 10 Equal Weight Index Fund. Holding both schemes increases your concentration in Larsen & Toubro 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 |
|---|---|---|
| Larsen & ToubroConstruction | 11.48% | 11.51% |
| Axis BankBanks | 10.68% | 10.71% |
| Kotak Mahindra BankBanks | 10.37% | 10.40% |
| Bharti AirtelTelecom - Services | 10.05% | 10.08% |
| ICICI BankBanks | 9.94% | 9.97% |
| HDFC BankBanks | 9.63% | 9.67% |
| ITCDiversified FMCG | 9.75% | 9.53% |
| Tata Consultancy ServicesIT - Software | 9.32% | 9.35% |
| Reliance IndustriesPetroleum Products | 9.26% | 9.29% |
| InfosysIT - Software | 8.99% | 9.02% |
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.