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30 of 50 unique stocks in common · Jaccard: 60%
A weighted portfolio overlap of 82.8% indicates a extreme overlap (near-identical portfolios). This means that out of every ₹100 you invest across these two schemes, approximately ₹82.8 is allocated to the exact same companies at the same relative proportions. The schemes share 30 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 12.27% in Kotak BSE Sensex Index Fund and 10.24% in UTI Nifty 50 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 UTI |
|---|---|---|
| HDFC BankBanks | 12.27% | 10.24% |
| ICICI BankBanks | 11.08% | 9.19% |
| Reliance IndustriesPetroleum Products | 9.52% | 7.90% |
| Bharti AirtelTelecom - Services | 6.46% | 5.36% |
| Larsen & ToubroConstruction | 4.96% | 4.12% |
| State Bank of IndiaBanks | 4.59% | 3.79% |
| InfosysIT - Software | 4.24% | 3.54% |
| Axis BankBanks | 3.79% | 3.16% |
| Bajaj FinanceFinance | 3.29% | 2.73% |
| Mahindra & MahindraAutomobiles | 3.27% | 2.71% |
| Kotak Mahindra BankBanks | 3.09% | 2.57% |
| ITCDiversified FMCG | 2.92% | 2.42% |
| Tata Consultancy ServicesIT - Software | 2.58% | 2.16% |
| EternalRetailing | 2.36% | 1.95% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.31% | 1.88% |
| Titan CompanyConsumer Durables | 2.14% | 1.80% |
| Hindustan UnileverDiversified FMCG | 2.02% | 1.67% |
| Maruti Suzuki IndiaAutomobiles | 1.98% | 1.66% |
| NTPCPower | 1.78% | 1.47% |
| Tata SteelFerrous Metals | 1.68% | 1.40% |
| HCL TechnologiesIT - Software | 1.53% | 1.27% |
| Ultratech CementCement & Cement Products | 1.48% | 1.26% |
| Bharat ElectronicsAerospace & Defense | 1.50% | 1.24% |
| Power Grid Corporation of IndiaPower | 1.39% | 1.15% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.35% | 1.12% |
| Asian PaintsConsumer Durables | 1.33% | 1.11% |
| Bajaj FinservFinance | 1.22% | 1.05% |
| InterGlobe AviationTransport Services | 1.25% | 1.05% |
| Tech MahindraIT - Software | 1.13% | 0.94% |
| TrentRetailing | 1.07% | 0.89% |
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.