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25 of 106 unique stocks in common · Jaccard: 23.6%
A weighted portfolio overlap of 47.66% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹47.66 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.44% in HDFC Value Fund and 6.98% in Kotak Large 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 | 6.44% | 6.98% |
| HDFC BankBanks | 5.26% | 6.25% |
| State Bank of IndiaBanks | 3.49% | 4.20% |
| Axis BankBanks | 4.27% | 3.25% |
| Bharti AirtelTelecom - Services | 3.25% | 3.97% |
| Larsen & ToubroConstruction | 2.93% | 4.56% |
| InfosysIT - Software | 2.70% | 3.13% |
| NTPCPower | 2.65% | 3.18% |
| Reliance IndustriesPetroleum Products | 2.26% | 6.40% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.21% | 1.81% |
| EternalRetailing | 1.51% | 1.46% |
| Bharat ElectronicsAerospace & Defense | 2.25% | 1.32% |
| Maruti Suzuki IndiaAutomobiles | 1.29% | 2.15% |
| Tech MahindraIT - Software | 1.72% | 1.21% |
| United SpiritsBeverages | 1.37% | 1.16% |
| Ultratech CementCement & Cement Products | 1.11% | 2.09% |
| Godrej Consumer ProductsPersonal Products | 1.29% | 1.07% |
| Hindustan UnileverDiversified FMCG | 1.01% | 1.13% |
| Bharat Petroleum CorporationPetroleum Products | 0.82% | 1.20% |
| BoschAuto Components | 1.45% | 0.78% |
| InterGlobe AviationTransport Services | 0.72% | 1.79% |
| Britannia IndustriesFood Products | 1.35% | 0.71% |
| MphasisIT - Software | 0.62% | 0.57% |
| Acme Solar HoldingsPower | 1.10% | 0.27% |
| Poonawalla FincorpFinance | 0.12% | 0.57% |
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.