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20 of 112 unique stocks in common · Jaccard: 17.9%
A weighted portfolio overlap of 25.44% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.44 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is Dixon Technologies (India), which commands a weight of 2.60% in Kotak Mid Cap Fund and 2.82% in Mirae Asset Midcap Fund. Holding both schemes increases your concentration in Dixon Technologies (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 Mirae |
|---|---|---|
| Dixon Technologies (India)Consumer Durables | 2.60% | 2.82% |
| L&T FinanceFinance | 2.86% | 2.05% |
| The Federal BankBanks | 2.76% | 2.03% |
| SwiggyRetailing | 1.64% | 2.47% |
| Persistent SystemsIT - Software | 1.59% | 3.13% |
| Indian BankBanks | 2.34% | 1.57% |
| HDB Financial ServicesFinance | 1.50% | 2.97% |
| SRFChemicals & Petrochemicals | 1.46% | 1.29% |
| Max Financial ServicesInsurance | 1.26% | 1.82% |
| Bharat ForgeAuto Components | 1.25% | 2.75% |
| Billionbrains Garage VenturesCapital Markets | 1.32% | 1.24% |
| Dalmia BharatCement & Cement Products | 1.21% | 2.62% |
| Vishal Mega MartRetailing | 3.11% | 1.11% |
| PI IndustriesFertilizers & Agrochemicals | 1.03% | 1.58% |
| Schaeffler IndiaAuto Components | 2.22% | 0.93% |
| VoltasConsumer Durables | 0.87% | 1.24% |
| Lenskart SolutionsRetailing | 0.95% | 0.85% |
| Hindustan Petroleum CorporationPetroleum Products | 1.19% | 0.79% |
| BSECapital Markets | 0.58% | 1.37% |
| Manipal Health EnterprisesHealthcare Services | 0.27% | 0.07% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.