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8 of 106 unique stocks in common · Jaccard: 7.5%
A weighted portfolio overlap of 12.07% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.07 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 Larsen & Toubro, which commands a weight of 3.55% in HDFC Flexi Cap Fund and 10.38% in Kotak Infrastructure and Economic Reform Fund. Holding both schemes increases your concentration in Larsen & Toubro 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 |
|---|---|---|
| Larsen & ToubroConstruction | 3.55% | 10.38% |
| Bharti AirtelTelecom - Services | 2.96% | 5.18% |
| Reliance IndustriesPetroleum Products | 2.01% | 7.98% |
| InterGlobe AviationTransport Services | 2.79% | 1.50% |
| BoschAuto Components | 1.10% | 2.69% |
| Kalpataru Projects InternationalConstruction | 0.59% | 3.45% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.34% | 1.96% |
| Bharat ElectronicsAerospace & Defense | 0.02% | 1.72% |
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.