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6 of 105 unique stocks in common · Jaccard: 5.7%
A weighted portfolio overlap of 9.38% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.38 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 19.79% in Kotak BSE PSU Index Fund and 3.79% in UTI Nifty 50 Index 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 | in UTI |
|---|---|---|
| State Bank of IndiaBanks | 19.79% | 3.79% |
| NTPCPower | 7.65% | 1.47% |
| Bharat ElectronicsAerospace & Defense | 6.45% | 1.24% |
| Power Grid Corporation of IndiaPower | 6.01% | 1.15% |
| Coal IndiaConsumable Fuels | 4.38% | 0.89% |
| Oil & Natural Gas CorporationOil | 4.39% | 0.84% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.