Loading fund overlap…
12 of 81 unique stocks in common · Jaccard: 14.8%
A weighted portfolio overlap of 24.62% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.62 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.80% in Kotak ELSS Tax Saver Fund and 8.13% in Tata Value Fund. Holding both schemes increases your concentration in ICICI 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 Tata |
|---|---|---|
| ICICI BankBanks | 4.80% | 8.13% |
| NTPCPower | 3.34% | 3.76% |
| HDFC BankBanks | 7.42% | 2.46% |
| Hero MotoCorpAutomobiles | 2.44% | 3.47% |
| EternalRetailing | 2.50% | 2.32% |
| Bharat Petroleum CorporationPetroleum Products | 1.98% | 3.83% |
| Dixon Technologies (India)Consumer Durables | 1.72% | 2.11% |
| Power Grid Corporation of IndiaPower | 1.50% | 2.54% |
| Kotak Mahindra BankBanks | 1.44% | 5.18% |
| Engineers IndiaConstruction | 1.23% | 1.09% |
| Indus TowersTelecom - Services | 1.03% | 5.10% |
| Sun TV NetworkEntertainment | 0.50% | 1.17% |
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.