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10 of 106 unique stocks in common · Jaccard: 9.4%
A weighted portfolio overlap of 13.44% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.44 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 HDFC Bank, which commands a weight of 6.48% in HDFC Flexi Cap Fund and 2.41% in Kotak Quant Fund. Holding both schemes increases your concentration in HDFC Bank 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 |
|---|---|---|
| HDFC BankBanks | 6.48% | 2.41% |
| Bharti AirtelTelecom - Services | 2.96% | 2.39% |
| Eicher MotorsAutomobiles | 2.46% | 2.09% |
| State Bank of IndiaBanks | 4.22% | 2.05% |
| JSW SteelFerrous Metals | 1.72% | 2.64% |
| Britannia IndustriesFood Products | 0.77% | 3.11% |
| LupinPharmaceuticals & Biotechnology | 0.74% | 2.65% |
| Aster DM HealthcareHealthcare Services | 0.64% | 2.24% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.34% | 1.38% |
| TVS Motor CompanyAutomobiles | 0.29% | 1.66% |
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.