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12 of 60 unique stocks in common · Jaccard: 20%
A weighted portfolio overlap of 36.21% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.21 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 HDFC Bank, which commands a weight of 6.04% in Kotak ESG Exclusionary Strategy Fund and 6.94% in Tata Focused Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 6.04% | 6.94% |
| ICICI BankBanks | 5.10% | 6.63% |
| Axis BankBanks | 4.18% | 5.61% |
| Ultratech CementCement & Cement Products | 3.73% | 3.72% |
| Bharti AirtelTelecom - Services | 7.42% | 3.55% |
| Larsen & ToubroConstruction | 4.47% | 3.46% |
| InfosysIT - Software | 4.71% | 3.44% |
| Metropolis HealthcareHealthcare Services | 2.03% | 3.56% |
| Ambuja CementsCement & Cement Products | 1.82% | 3.42% |
| Hindustan UnileverDiversified FMCG | 1.17% | 1.88% |
| Mahindra & MahindraAutomobiles | 0.91% | 3.55% |
| NTPCPower | 0.79% | 4.76% |
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.