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11 of 51 unique stocks in common · Jaccard: 21.6%
A weighted portfolio overlap of 52.44% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹52.44 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 ICICI Bank, which commands a weight of 11.21% in Kotak Banking and Financial Services Fund and 9.93% in Tata Banking & Financial Services Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 11.21% | 9.93% |
| HDFC BankBanks | 11.75% | 9.64% |
| State Bank of IndiaBanks | 8.37% | 9.00% |
| Axis BankBanks | 8.08% | 9.20% |
| Shriram FinanceFinance | 4.66% | 4.57% |
| Kotak Mahindra BankBanks | 3.41% | 4.18% |
| IndusInd BankBanks | 2.36% | 2.21% |
| SBI Life Insurance CompanyInsurance | 2.01% | 4.05% |
| One 97 CommunicationsFinancial Technology (Fintech) | 1.80% | 2.48% |
| Nippon Life India Asset ManagementCapital Markets | 2.55% | 1.44% |
| Max Financial ServicesInsurance | 0.98% | 1.97% |
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.