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11 of 44 unique stocks in common · Jaccard: 25%
A weighted portfolio overlap of 0.16% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹0.16 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 Axis Bank, which commands a weight of 0.08% in Kotak Arbitrage Fund and 0.06% in Tata Arbitrage Fund. Holding both schemes increases your concentration in Axis 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 Kotak | in Tata |
|---|---|---|
| Axis BankBanks | 0.08% | 0.06% |
| Bharat Petroleum CorporationPetroleum Products | 0.01% | 0.01% |
| Cholamandalam Investment and Finance CompanyFinance | 0.01% | 0.01% |
| Coal IndiaConsumable Fuels | 0.01% | 0.01% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.02% | 0.01% |
| GE Vernova T&D IndiaElectrical Equipment | 0.02% | 0.01% |
| Indian Oil CorporationPetroleum Products | 0.02% | 0.01% |
| State Bank of IndiaBanks | 0.01% | 0.01% |
| Tata SteelFerrous Metals | 0.01% | 0.01% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 0.01% | 0.01% |
| Yes BankBanks | 0.02% | 0.01% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.