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11 of 131 unique stocks in common · Jaccard: 8.4%
A weighted portfolio overlap of 7.42% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.42 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.83% in HDFC Flexi Cap Fund and 1.86% in Kotak Small Cap Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 8.83% | 1.86% |
| Axis BankBanks | 6.84% | 1.58% |
| Vishal Mega MartRetailing | 0.70% | 1.43% |
| Aster DM HealthcareHealthcare Services | 0.64% | 4.63% |
| Kalpataru Projects InternationalConstruction | 0.59% | 2.62% |
| Lenskart SolutionsRetailing | 0.51% | 1.10% |
| CyientIT - Services | 0.49% | 1.69% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.40% | 1.31% |
| Metropolis HealthcareHealthcare Services | 0.35% | 1.99% |
| SwiggyRetailing | 0.27% | 0.70% |
| Hexaware TechnologiesIT - Software | 0.03% | 0.35% |
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.