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12 of 41 unique stocks in common · Jaccard: 29.3%
A weighted portfolio overlap of 65.02% indicates a significant overlap (largely the same bets). This means that out of every ₹100 you invest across these two schemes, approximately ₹65.02 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 11.75% in Kotak Banking and Financial Services Fund and 17.83% in Tata Nifty Financial Services Index Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 11.75% | 17.83% |
| ICICI BankBanks | 11.21% | 13.55% |
| State Bank of IndiaBanks | 8.37% | 9.02% |
| Axis BankBanks | 8.08% | 10.26% |
| Bajaj FinanceFinance | 5.73% | 8.05% |
| BSECapital Markets | 4.99% | 5.61% |
| Shriram FinanceFinance | 4.66% | 4.39% |
| Kotak Mahindra BankBanks | 3.41% | 9.37% |
| Cholamandalam Investment and Finance CompanyFinance | 2.07% | 2.18% |
| Power Finance CorporationFinance | 2.24% | 2.03% |
| SBI Life Insurance CompanyInsurance | 2.01% | 2.72% |
| Max Financial ServicesInsurance | 0.98% | 1.48% |
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.