Loading fund overlap…
5 of 125 unique stocks in common · Jaccard: 4%
A weighted portfolio overlap of 4.85% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.85 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is Power Finance Corporation, which commands a weight of 1.66% in HDFC Infrastructure Fund and 1.64% in Kotak Midcap Fund. Holding both schemes increases your concentration in Power Finance 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 |
|---|---|---|
| Power Finance CorporationFinance | 1.66% | 1.64% |
| Bharat ElectronicsAerospace & Defense | 1.48% | 2.13% |
| Max Healthcare InstituteHealthcare Services | 0.95% | 0.80% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.33% | 0.57% |
| Oberoi RealtyRealty | 0.36% | 2.10% |
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.