Loading fund overlap…
11 of 102 unique stocks in common · Jaccard: 10.8%
A weighted portfolio overlap of 15.37% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.37 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 Vishal Mega Mart, which commands a weight of 2.43% in Kotak Business Cycle Fund and 2.67% in Kotak Midcap Fund. Holding both schemes increases your concentration in Vishal Mega Mart 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 Business | in Kotak Midcap |
|---|---|---|
| Vishal Mega MartRetailing | 2.43% | 2.67% |
| Indian BankBanks | 2.08% | 2.37% |
| EternalRetailing | 3.21% | 2.04% |
| Bharti HexacomTelecom - Services | 3.01% | 1.76% |
| MphasisIT - Software | 1.67% | 2.79% |
| Oberoi RealtyRealty | 1.47% | 2.10% |
| ICICI Lombard General Insurance CompanyInsurance | 1.98% | 1.18% |
| Aster DM HealthcareHealthcare Services | 3.88% | 0.89% |
| UNO MindaAuto Components | 1.37% | 0.85% |
| Lenskart SolutionsRetailing | 2.26% | 0.65% |
| United SpiritsBeverages | 1.40% | 0.35% |
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.