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29 of 166 unique stocks in common · Jaccard: 17.5%
A weighted portfolio overlap of 19.76% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.76 is allocated to the exact same companies at the same relative proportions. The schemes share 29 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 3.85% in Kotak Balanced Advantage Fund and 3.60% in Kotak Multi Asset Allocation Fund. Holding both schemes increases your concentration in State Bank of India 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 Balanced | in Kotak Multi |
|---|---|---|
| State Bank of IndiaBanks | 3.85% | 3.60% |
| HDFC BankBanks | 2.94% | 1.92% |
| EternalRetailing | 1.56% | 2.55% |
| ICICI BankBanks | 5.18% | 1.49% |
| Maruti Suzuki IndiaAutomobiles | 1.32% | 2.70% |
| Bharti AirtelTelecom - Services | 2.39% | 1.30% |
| Reliance IndustriesPetroleum Products | 3.42% | 1.28% |
| ITCDiversified FMCG | 0.81% | 2.47% |
| Acutaas ChemicalsPharmaceuticals & Biotechnology | 0.70% | 0.94% |
| NTPCPower | 0.68% | 2.54% |
| Hindustan UnileverDiversified FMCG | 0.63% | 2.06% |
| Hindalco IndustriesNon - Ferrous Metals | 0.62% | 1.03% |
| Shriram FinanceFinance | 0.57% | 1.96% |
| Power Finance CorporationFinance | 0.46% | 2.06% |
| Indus TowersTelecom - Services | 0.41% | 2.17% |
| Interglobe AviationTransport Services | 0.92% | 0.41% |
| Life Insurance Corporation Of IndiaInsurance | 0.37% | 0.52% |
| Jyoti CNC AutomationIndustrial Manufacturing | 0.26% | 0.56% |
| DLFRealty | 0.23% | 0.45% |
| Piramal FinanceFinance | 0.20% | 0.64% |
| InfosysIT - Software | 1.67% | 0.19% |
| Viyash ScientificPharmaceuticals & Biotechnology | 0.17% | 0.78% |
| INDO-MIMIndustrial Manufacturing | 0.16% | 2.05% |
| MTAR TechnologiesElectrical Equipment | 0.13% | 1.76% |
| NTPC Green EnergyPower | 0.13% | 0.78% |
| Bank of BarodaBanks | 0.09% | 1.80% |
| Hindustan ZincNon - Ferrous Metals | 0.05% | 0.97% |
| Orchid PharmaPharmaceuticals & Biotechnology | 0.01% | 0.60% |
| Tata SteelFerrous Metals | 0.01% | 0.66% |
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.