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8 of 102 unique stocks in common · Jaccard: 7.8%
A weighted portfolio overlap of 12.01% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.01 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 2.96% in HDFC Flexi Cap Fund and 6.80% in Kotak Consumption Fund. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 2.96% | 6.80% |
| Maruti Suzuki IndiaAutomobiles | 2.91% | 7.62% |
| EternalRetailing | 2.73% | 5.98% |
| Eicher MotorsAutomobiles | 2.46% | 1.61% |
| Britannia IndustriesFood Products | 0.77% | 3.62% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.40% | 2.53% |
| Sapphire Foods IndiaLeisure Services | 0.36% | 0.85% |
| SwiggyRetailing | 0.27% | 1.36% |
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.