Loading fund overlap…
15 of 108 unique stocks in common · Jaccard: 13.9%
A weighted portfolio overlap of 20.12% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.12 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is Vishal Mega Mart, which commands a weight of 2.19% in Franklin India Large & Mid Cap Fund ^ and 2.67% in Kotak Midcap Fund. Holding both schemes increases your concentration in Vishal Mega Mart 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 Franklin | in Kotak |
|---|---|---|
| Vishal Mega MartRetailing | 2.19% | 2.67% |
| EternalRetailing | 4.00% | 2.04% |
| SRFChemicals & Petrochemicals | 1.67% | 1.70% |
| SwiggyRetailing | 1.82% | 1.65% |
| Persistent SystemsIT - Software | 2.19% | 1.62% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 2.59% | 1.61% |
| Dixon Technologies (India)Consumer Durables | 1.60% | 2.10% |
| Max Financial ServicesInsurance | 2.05% | 1.47% |
| HDB Financial ServicesFinance | 1.46% | 1.61% |
| ICICI Lombard General Insurance CompanyInsurance | 1.46% | 1.18% |
| Oberoi RealtyRealty | 1.13% | 2.10% |
| India Shelter Finance CorporationFinance | 0.94% | 0.87% |
| Max Healthcare InstituteHealthcare Services | 1.18% | 0.80% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.53% | 0.57% |
| Blue StarConsumer Durables | 0.26% | 1.30% |
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.