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31 of 164 unique stocks in common · Jaccard: 18.9%
A weighted portfolio overlap of 21.9% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.9 is allocated to the exact same companies at the same relative proportions. The schemes share 31 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 3.43% in Kotak Balanced Advantage Fund and 3.24% 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 | 3.43% | 3.24% |
| HDFC BankBanks | 2.97% | 1.94% |
| Reliance IndustriesPetroleum Products | 3.56% | 1.45% |
| Bharti AirtelTelecom - Services | 2.28% | 1.44% |
| ICICI BankBanks | 3.79% | 1.41% |
| EternalRetailing | 1.39% | 1.50% |
| Maruti Suzuki IndiaAutomobiles | 1.30% | 2.87% |
| ITCDiversified FMCG | 0.90% | 3.03% |
| Acutaas ChemicalsPharmaceuticals & Biotechnology | 0.82% | 1.21% |
| NTPCPower | 0.82% | 3.28% |
| Hindalco IndustriesNon - Ferrous Metals | 0.80% | 1.25% |
| Tech MahindraIT - Software | 0.74% | 1.30% |
| Hindustan UnileverDiversified FMCG | 0.69% | 2.47% |
| Power Finance CorporationFinance | 0.59% | 2.87% |
| Kotak Mahindra BankBanks | 1.12% | 0.55% |
| Indus TowersTelecom - Services | 0.51% | 2.71% |
| Tata Consultancy ServicesIT - Software | 0.68% | 0.51% |
| Shriram FinanceFinance | 0.49% | 2.00% |
| InterGlobe AviationTransport Services | 1.16% | 0.38% |
| Oil & Natural Gas CorporationOil | 0.35% | 0.48% |
| MphasisIT - Software | 1.08% | 0.33% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.33% | 0.86% |
| Samvardhana Motherson InternationalAuto Components | 0.32% | 0.99% |
| NTPC Green EnergyPower | 0.15% | 0.98% |
| Jyoti CNC AutomationIndustrial Manufacturing | 0.14% | 0.37% |
| Bank of BarodaBanks | 0.11% | 1.54% |
| Piramal FinanceFinance | 0.10% | 0.58% |
| InfosysIT - Software | 0.05% | 1.41% |
| Tata SteelFerrous Metals | 0.03% | 1.04% |
| GAIL (India)Gas | 0.01% | 0.39% |
| Orchid PharmaPharmaceuticals & Biotechnology | 0.01% | 0.54% |
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.