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14 of 119 unique stocks in common · Jaccard: 11.8%
A weighted portfolio overlap of 18.24% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.24 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is NTPC, which commands a weight of 8.41% in Kotak BSE PSU Index Fund and 3.35% in Nippon India Value Fund. Holding both schemes increases your concentration in NTPC 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 Nippon |
|---|---|---|
| NTPCPower | 8.41% | 3.35% |
| Oil & Natural Gas CorporationOil | 4.75% | 3.27% |
| Bharat Heavy ElectricalsElectrical Equipment | 2.46% | 2.16% |
| State Bank of IndiaBanks | 18.34% | 1.84% |
| Bharat ElectronicsAerospace & Defense | 6.74% | 1.33% |
| National Aluminium CompanyNon - Ferrous Metals | 1.75% | 1.23% |
| Coal IndiaConsumable Fuels | 4.78% | 1.21% |
| GAIL (India)Gas | 2.03% | 0.83% |
| Bank of IndiaBanks | 0.79% | 0.72% |
| Hindustan AeronauticsAerospace & Defense | 3.69% | 0.68% |
| NLC IndiaPower | 0.51% | 1.08% |
| Power Finance CorporationFinance | 2.85% | 0.51% |
| Indian Renewable Energy Development AgencyFinance | 0.48% | 0.73% |
| RITESConstruction | 0.12% | 0.64% |
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.