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10 of 141 unique stocks in common · Jaccard: 7.1%
A weighted portfolio overlap of 12.16% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.16 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 7.98% in Kotak Infrastructure and Economic Reform Fund and 8.47% in NJ Balanced Advantage Fund. Holding both schemes increases your concentration in Reliance Industries 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 NJ |
|---|---|---|
| Reliance IndustriesPetroleum Products | 7.98% | 8.47% |
| BoschAuto Components | 2.69% | 3.78% |
| Petronet LNGGas | 0.92% | 1.40% |
| Kajaria CeramicsConsumer Durables | 1.62% | 0.23% |
| Larsen & ToubroConstruction | 10.38% | 0.18% |
| Indus TowersTelecom - Services | 4.17% | 0.06% |
| Bharti AirtelTelecom - Services | 5.18% | 0.05% |
| Exide IndustriesAuto Components | 0.96% | 0.02% |
| Samvardhana Motherson InternationalAuto Components | 1.71% | 0.02% |
| NTPCPower | 1.14% | 0.00% |
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.