Loading fund overlap…
25 of 122 unique stocks in common · Jaccard: 20.5%
A weighted portfolio overlap of 26.93% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.93 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is The Federal Bank, which commands a weight of 2.50% in Franklin India Mid Cap Fund ^ and 2.76% in Kotak Mid Cap Fund. Holding both schemes increases your concentration in The Federal 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 Franklin | in Kotak |
|---|---|---|
| The Federal BankBanks | 2.50% | 2.76% |
| Dixon Technologies (India)Consumer Durables | 1.66% | 2.60% |
| SwiggyRetailing | 1.78% | 1.64% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 1.56% | 3.42% |
| HDB Financial ServicesFinance | 1.42% | 1.50% |
| Poonawalla FincorpFinance | 1.46% | 1.28% |
| MphasisIT - Software | 1.28% | 2.70% |
| Max Financial ServicesInsurance | 1.27% | 1.26% |
| Billionbrains Garage VenturesCapital Markets | 1.20% | 1.32% |
| Bharat ElectronicsAerospace & Defense | 1.13% | 1.95% |
| BioconPharmaceuticals & Biotechnology | 2.56% | 1.07% |
| Deepak NitriteChemicals & Petrochemicals | 1.47% | 1.00% |
| JK CementCement & Cement Products | 0.98% | 1.03% |
| Lenskart SolutionsRetailing | 1.43% | 0.95% |
| ICICI Lombard General Insurance CompanyInsurance | 1.55% | 0.94% |
| Aster DM Quality CareHealthcare Services | 0.93% | 1.56% |
| Max Healthcare InstituteHealthcare Services | 0.96% | 0.92% |
| Hindustan Petroleum CorporationPetroleum Products | 0.87% | 1.19% |
| Oberoi RealtyRealty | 0.77% | 2.09% |
| Bharti HexacomTelecom - Services | 0.76% | 2.03% |
| PI IndustriesFertilizers & Agrochemicals | 0.68% | 1.03% |
| Piramal FinanceFinance | 0.63% | 1.28% |
| City Union BankBanks | 0.54% | 0.56% |
| SRFChemicals & Petrochemicals | 0.51% | 1.46% |
| Coromandel InternationalFertilizers & Agrochemicals | 0.48% | 1.53% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.