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10 of 181 unique stocks in common · Jaccard: 5.5%
A weighted portfolio overlap of 6.02% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹6.02 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 Hindustan Petroleum Corporation, which commands a weight of 1.02% in HDFC Dividend Yield Fund and 1.41% in Kotak Midcap Fund. Holding both schemes increases your concentration in Hindustan Petroleum Corporation 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 HDFC | in Kotak |
|---|---|---|
| Hindustan Petroleum CorporationPetroleum Products | 1.02% | 1.41% |
| Power Finance CorporationFinance | 0.92% | 1.64% |
| Aster DM HealthcareHealthcare Services | 1.24% | 0.89% |
| Bharat ElectronicsAerospace & Defense | 0.66% | 2.13% |
| RECFinance | 0.60% | 0.69% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.98% | 0.57% |
| Apollo TyresAuto Components | 0.56% | 0.68% |
| Bharti HexacomTelecom - Services | 0.52% | 1.76% |
| BirlasoftIT - Software | 0.14% | 0.91% |
| Techno Electric & Engineering CompanyConstruction | 0.14% | 0.42% |
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.