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5 of 154 unique stocks in common · Jaccard: 3.2%
A weighted portfolio overlap of 5.49% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.49 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 Kajaria Ceramics, which commands a weight of 2.22% in Franklin India Small Cap Fund ^ and 1.89% in Kotak Multicap Fund. Holding both schemes increases your concentration in Kajaria Ceramics 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 |
|---|---|---|
| Kajaria CeramicsConsumer Durables | 2.22% | 1.89% |
| RBL BankBanks | 1.48% | 1.72% |
| Tata SteelFerrous Metals | 1.28% | 0.75% |
| Whirlpool of IndiaConsumer Durables | 0.94% | 0.72% |
| The India CementsCement & Cement Products | 0.65% | 0.72% |
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.