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9 of 100 unique stocks in common · Jaccard: 9%
A weighted portfolio overlap of 13.96% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.96 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 Reliance Industries, which commands a weight of 3.61% in Kotak Manufacture In India Fund and 4.82% in Tata Business Cycle 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 Tata |
|---|---|---|
| Reliance IndustriesPetroleum Products | 3.61% | 4.82% |
| Cummins IndiaIndustrial Products | 2.95% | 2.66% |
| Tata SteelFerrous Metals | 4.40% | 2.07% |
| Emmvee Photovoltaic PowerElectrical Equipment | 1.61% | 1.35% |
| Graphite IndiaIndustrial Products | 2.65% | 1.22% |
| Jindal SteelFerrous Metals | 1.10% | 3.76% |
| Dixon Technologies (India)Consumer Durables | 2.10% | 1.06% |
| GlaxoSmithKline PharmaceuticalsPharmaceuticals & Biotechnology | 0.81% | 0.83% |
| Dee Development EngineeersIndustrial Manufacturing | 2.92% | 0.08% |
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.