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14 of 52 unique stocks in common · Jaccard: 26.9%
A weighted portfolio overlap of 44.51% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹44.51 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 15.21% in IB19-Groww Banking & Financial Services Fund and 11.75% in Kotak Banking and Financial Services 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 IB19-Groww | in Kotak |
|---|---|---|
| HDFC BankBanks | 15.21% | 11.75% |
| ICICI BankBanks | 9.41% | 11.21% |
| Bajaj FinanceFinance | 7.79% | 5.73% |
| State Bank of IndiaBanks | 4.23% | 8.37% |
| Nippon Life India Asset ManagementCapital Markets | 2.27% | 2.55% |
| Cholamandalam Investment and Finance CompanyFinance | 2.17% | 2.07% |
| SBI Life Insurance CompanyInsurance | 3.67% | 2.01% |
| Aptus Value Housing Finance IndiaFinance | 1.45% | 1.62% |
| BSECapital Markets | 1.43% | 4.99% |
| The South Indian BankBanks | 1.25% | 1.05% |
| Max Financial ServicesInsurance | 2.33% | 0.98% |
| India Shelter Finance CorporationFinance | 1.01% | 0.84% |
| Home First Finance Company IndiaFinance | 2.19% | 0.73% |
| Prudent Corporate Advisory ServicesCapital Markets | 0.56% | 1.09% |
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.