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11 of 94 unique stocks in common · Jaccard: 11.7%
A weighted portfolio overlap of 19.91% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.91 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 Shriram Finance, which commands a weight of 4.66% in Kotak Banking and Financial Services Fund and 2.92% in Kotak Multicap Fund. Holding both schemes increases your concentration in Shriram Finance 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 Banking | in Kotak Multicap |
|---|---|---|
| Shriram FinanceFinance | 4.66% | 2.92% |
| State Bank of IndiaBanks | 8.37% | 2.76% |
| IndusInd BankBanks | 2.36% | 3.48% |
| Power Finance CorporationFinance | 2.24% | 2.88% |
| The Jammu & Kashmir BankBanks | 2.02% | 1.90% |
| Poonawalla FincorpFinance | 2.18% | 1.71% |
| Bank of BarodaBanks | 1.99% | 1.62% |
| RBL BankBanks | 1.51% | 1.72% |
| Piramal FinanceFinance | 1.30% | 1.37% |
| The South Indian BankBanks | 1.05% | 1.62% |
| Billionbrains Garage VenturesCapital Markets | 1.39% | 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.