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21 of 102 unique stocks in common · Jaccard: 20.6%
A weighted portfolio overlap of 26.9% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.9 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is Fortis Healthcare, which commands a weight of 2.40% in Kotak Contra Fund and 4.03% in Kotak Midcap Fund. Holding both schemes increases your concentration in Fortis Healthcare 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 Contra | in Kotak Midcap |
|---|---|---|
| Fortis HealthcareHealthcare Services | 2.40% | 4.03% |
| MphasisIT - Software | 1.99% | 2.79% |
| GE Vernova T&D IndiaElectrical Equipment | 1.81% | 4.22% |
| SwiggyRetailing | 1.75% | 1.65% |
| Bharat ElectronicsAerospace & Defense | 1.60% | 2.13% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 1.50% | 2.91% |
| SRFChemicals & Petrochemicals | 1.44% | 1.70% |
| Bank of MaharashtraBanks | 1.41% | 2.10% |
| Global HealthHealthcare Services | 1.41% | 1.63% |
| Indian BankBanks | 1.31% | 2.37% |
| KEI IndustriesIndustrial Products | 1.27% | 2.98% |
| Dalmia BharatCement & Cement Products | 1.34% | 1.25% |
| Piramal FinanceFinance | 1.36% | 1.18% |
| Poonawalla FincorpFinance | 1.82% | 1.16% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 1.05% | 1.61% |
| Jindal SteelFerrous Metals | 1.48% | 0.96% |
| Power Finance CorporationFinance | 0.91% | 1.64% |
| UNO MindaAuto Components | 1.02% | 0.85% |
| Vishal Mega MartRetailing | 0.80% | 2.67% |
| Bank of BarodaBanks | 1.07% | 0.70% |
| Schaeffler IndiaAuto Components | 0.25% | 1.92% |
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.