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5 of 146 unique stocks in common · Jaccard: 3.4%
A weighted portfolio overlap of 3.63% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹3.63 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is Deepak Nitrite, which commands a weight of 1.69% in Franklin India Small Cap Fund ^ and 1.06% in Kotak Midcap Fund. Holding both schemes increases your concentration in Deepak Nitrite 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 |
|---|---|---|
| Deepak NitriteChemicals & Petrochemicals | 1.69% | 1.06% |
| Aster DM HealthcareHealthcare Services | 1.80% | 0.89% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.99% | 0.81% |
| Ratnamani Metals & TubesIndustrial Products | 0.46% | 0.75% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 0.41% | 1.61% |
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.