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21 of 301 unique stocks in common · Jaccard: 7%
A weighted portfolio overlap of 8.37% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.37 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is Apar Industries, which commands a weight of 1.45% in Kotak Mid Cap Fund and 1.73% in Nippon India Small Cap Fund. Holding both schemes increases your concentration in Apar 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 Nippon |
|---|---|---|
| Apar IndustriesElectrical Equipment | 1.45% | 1.73% |
| Aster DM Quality CareHealthcare Services | 1.56% | 0.80% |
| Dixon Technologies (India)Consumer Durables | 2.60% | 0.67% |
| Poonawalla FincorpFinance | 1.28% | 0.45% |
| RECFinance | 0.99% | 0.45% |
| Deepak NitriteChemicals & Petrochemicals | 1.00% | 0.39% |
| Billionbrains Garage VenturesCapital Markets | 1.32% | 0.38% |
| City Union BankBanks | 0.56% | 0.38% |
| United SpiritsBeverages | 0.38% | 0.47% |
| Persistent SystemsIT - Software | 1.59% | 0.37% |
| VoltasConsumer Durables | 0.87% | 0.36% |
| Blue StarConsumer Durables | 1.09% | 0.35% |
| Bharat ElectronicsAerospace & Defense | 1.95% | 0.31% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 1.23% | 0.31% |
| Power Finance CorporationFinance | 0.69% | 0.30% |
| Schaeffler IndiaAuto Components | 2.22% | 0.24% |
| Piramal FinanceFinance | 1.28% | 0.22% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 1.00% | 0.21% |
| SwiggyRetailing | 1.64% | 0.15% |
| BirlasoftIT - Software | 0.76% | 0.10% |
| India Shelter Finance CorporationFinance | 0.67% | 0.10% |
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.