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21 of 110 unique stocks in common · Jaccard: 19.1%
A weighted portfolio overlap of 26.64% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.64 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.26% in HDFC Value Fund and 3.26% in Kotak Aggressive Hybrid 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 | 5.26% | 3.26% |
| Bharti AirtelTelecom - Services | 3.25% | 3.36% |
| State Bank of IndiaBanks | 3.49% | 2.89% |
| Bharat ElectronicsAerospace & Defense | 2.25% | 2.01% |
| InfosysIT - Software | 2.70% | 1.79% |
| EternalRetailing | 1.51% | 3.85% |
| ICICI BankBanks | 6.44% | 1.51% |
| Apar IndustriesElectrical Equipment | 1.18% | 1.72% |
| Ultratech CementCement & Cement Products | 1.11% | 2.38% |
| United SpiritsBeverages | 1.37% | 1.03% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.21% | 0.93% |
| Jindal SteelFerrous Metals | 0.87% | 1.23% |
| Reliance IndustriesPetroleum Products | 2.26% | 0.82% |
| NTPCPower | 2.65% | 0.79% |
| Bharat Petroleum CorporationPetroleum Products | 0.82% | 0.74% |
| MphasisIT - Software | 0.62% | 1.63% |
| Techno Electric & Engineering CompanyConstruction | 0.59% | 0.99% |
| Tata CapitalFinance | 1.31% | 0.56% |
| Tech MahindraIT - Software | 1.72% | 0.55% |
| Max Healthcare InstituteHealthcare Services | 0.97% | 0.51% |
| Poonawalla FincorpFinance | 0.12% | 0.89% |
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.