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16 of 232 unique stocks in common · Jaccard: 6.9%
A weighted portfolio overlap of 8.78% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.78 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is Ultratech Cement, which commands a weight of 1.90% in Kotak Business Cycle Fund and 2.38% in UTI Nifty500 Shariah Index Fund. Holding both schemes increases your concentration in Ultratech Cement 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 |
|---|---|---|
| Ultratech CementCement & Cement Products | 1.90% | 2.38% |
| InfosysIT - Software | 1.77% | 7.13% |
| Avenue SupermartsRetailing | 1.99% | 1.05% |
| Tech MahindraIT - Software | 0.76% | 1.65% |
| Godrej Consumer ProductsPersonal Products | 2.14% | 0.72% |
| MphasisIT - Software | 1.67% | 0.53% |
| Vishal Mega MartRetailing | 2.43% | 0.45% |
| UNO MindaAuto Components | 1.37% | 0.35% |
| Aster DM HealthcareHealthcare Services | 3.88% | 0.32% |
| Kalpataru Projects InternationalConstruction | 1.63% | 0.26% |
| SagilityIT - Services | 1.23% | 0.17% |
| Hexaware TechnologiesIT - Software | 1.11% | 0.13% |
| Aditya InfotechIndustrial Manufacturing | 4.72% | 0.10% |
| Jubilant IngreviaChemicals & Petrochemicals | 1.01% | 0.10% |
| Brainbees SolutionsRetailing | 0.41% | 0.09% |
| Tenneco Clean Air IndiaAuto Components | 0.95% | 0.08% |
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.