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32 of 136 unique stocks in common · Jaccard: 23.5%
A weighted portfolio overlap of 31.23% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.23 is allocated to the exact same companies at the same relative proportions. The schemes share 32 common holdings.
The largest overlapping asset in their portfolios is The Federal Bank, which commands a weight of 2.76% in Kotak Mid Cap Fund and 2.80% in Nippon India Growth Mid Cap Fund. Holding both schemes increases your concentration in The Federal 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 Nippon |
|---|---|---|
| The Federal BankBanks | 2.76% | 2.80% |
| Fortis HealthcareHealthcare Services | 3.58% | 2.61% |
| GE Vernova T&D IndiaElectrical Equipment | 2.42% | 1.99% |
| EternalRetailing | 1.65% | 2.39% |
| Persistent SystemsIT - Software | 1.59% | 1.76% |
| Max Financial ServicesInsurance | 1.26% | 1.48% |
| Bharat ForgeAuto Components | 1.25% | 2.05% |
| Dixon Technologies (India)Consumer Durables | 2.60% | 1.19% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 3.42% | 1.17% |
| Indian BankBanks | 2.34% | 1.12% |
| RECFinance | 0.99% | 2.20% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 1.00% | 0.99% |
| ICICI Lombard General Insurance CompanyInsurance | 0.94% | 1.79% |
| HDB Financial ServicesFinance | 1.50% | 0.92% |
| Max Healthcare InstituteHealthcare Services | 0.92% | 1.46% |
| VoltasConsumer Durables | 0.87% | 1.58% |
| SwiggyRetailing | 1.64% | 0.81% |
| Bharat ElectronicsAerospace & Defense | 1.95% | 0.79% |
| Vishal Mega MartRetailing | 3.11% | 0.74% |
| Power Finance CorporationFinance | 0.69% | 0.72% |
| Schaeffler IndiaAuto Components | 2.22% | 0.69% |
| Hindustan Petroleum CorporationPetroleum Products | 1.19% | 0.65% |
| Dalmia BharatCement & Cement Products | 1.21% | 0.61% |
| Prudent Corporate Advisory ServicesCapital Markets | 0.98% | 0.60% |
| BSECapital Markets | 0.58% | 2.45% |
| MphasisIT - Software | 2.70% | 0.55% |
| Piramal FinanceFinance | 1.28% | 0.54% |
| Blue StarConsumer Durables | 1.09% | 0.51% |
| Coromandel InternationalFertilizers & Agrochemicals | 1.53% | 0.44% |
| JK CementCement & Cement Products | 1.03% | 0.30% |
| Apar IndustriesElectrical Equipment | 1.45% | 0.29% |
| Deepak NitriteChemicals & Petrochemicals | 1.00% | 0.22% |
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.