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31 of 100 unique stocks in common · Jaccard: 31%
A weighted portfolio overlap of 43.2% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.2 is allocated to the exact same companies at the same relative proportions. The schemes share 31 common holdings.
The largest overlapping asset in their portfolios is NTPC, which commands a weight of 2.96% in Kotak Contra Fund and 2.91% in Kotak Multicap Fund. Holding both schemes increases your concentration in NTPC 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 Multicap |
|---|---|---|
| NTPCPower | 2.96% | 2.91% |
| State Bank of IndiaBanks | 3.27% | 2.76% |
| Shriram FinanceFinance | 2.64% | 2.92% |
| Hero MotoCorpAutomobiles | 2.51% | 3.50% |
| Bharti AirtelTelecom - Services | 2.54% | 2.16% |
| Maruti Suzuki IndiaAutomobiles | 2.16% | 4.35% |
| Indus TowersTelecom - Services | 2.03% | 3.92% |
| Larsen & ToubroConstruction | 2.73% | 1.86% |
| Poonawalla FincorpFinance | 1.82% | 1.71% |
| Radico KhaitanBeverages | 1.58% | 3.15% |
| The Jammu & Kashmir BankBanks | 1.53% | 1.90% |
| IndusInd BankBanks | 1.46% | 3.48% |
| MphasisIT - Software | 1.99% | 1.40% |
| Piramal FinanceFinance | 1.36% | 1.37% |
| Tech MahindraIT - Software | 1.95% | 1.19% |
| InterGlobe AviationTransport Services | 1.17% | 1.17% |
| Kalpataru Projects InternationalConstruction | 1.13% | 1.12% |
| InfosysIT - Software | 1.78% | 1.08% |
| Bank of BarodaBanks | 1.07% | 1.62% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 1.13% | 1.00% |
| Dalmia BharatCement & Cement Products | 1.34% | 0.99% |
| SwiggyRetailing | 1.75% | 0.96% |
| SRFChemicals & Petrochemicals | 1.44% | 0.94% |
| Power Finance CorporationFinance | 0.91% | 2.88% |
| Hindalco IndustriesNon - Ferrous Metals | 1.30% | 0.82% |
| Tata SteelFerrous Metals | 1.25% | 0.75% |
| Jubilant PharmovaPharmaceuticals & Biotechnology | 1.12% | 0.71% |
| Happy ForgingsIndustrial Products | 0.63% | 0.88% |
| Ultratech CementCement & Cement Products | 1.95% | 0.63% |
| ITCDiversified FMCG | 0.61% | 2.53% |
| Reliance IndustriesPetroleum Products | 3.02% | 0.55% |
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.