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9 of 97 unique stocks in common · Jaccard: 9.3%
A weighted portfolio overlap of 12.62% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.62 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 4.19% in Kotak Flexicap Fund and 4.60% in UTI Nifty 500 Value 50 Index Fund. Holding both schemes increases your concentration in State Bank of India 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 |
|---|---|---|
| State Bank of IndiaBanks | 4.19% | 4.60% |
| Hindalco IndustriesNon - Ferrous Metals | 1.54% | 5.94% |
| NTPCPower | 1.48% | 5.50% |
| IndusInd BankBanks | 1.25% | 1.75% |
| Power Grid Corporation of IndiaPower | 1.06% | 5.04% |
| Bharat Petroleum CorporationPetroleum Products | 1.03% | 3.13% |
| Petronet LNGGas | 1.29% | 0.78% |
| Indian Oil CorporationPetroleum Products | 0.77% | 3.11% |
| Tata ChemicalsChemicals & Petrochemicals | 0.52% | 0.58% |
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.