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12 of 124 unique stocks in common · Jaccard: 9.7%
A weighted portfolio overlap of 13.98% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.98 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Eternal, which commands a weight of 2.04% in Kotak Midcap Fund and 2.24% in Kotak Multicap Fund. Holding both schemes increases your concentration in Eternal 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 Midcap | in Kotak Multicap |
|---|---|---|
| EternalRetailing | 2.04% | 2.24% |
| Oracle Financial Services SoftwareIT - Software | 1.99% | 1.96% |
| Power Finance CorporationFinance | 1.64% | 2.88% |
| MphasisIT - Software | 2.79% | 1.40% |
| Piramal FinanceFinance | 1.18% | 1.37% |
| Poonawalla FincorpFinance | 1.16% | 1.71% |
| Dalmia BharatCement & Cement Products | 1.25% | 0.99% |
| SwiggyRetailing | 1.65% | 0.96% |
| SRFChemicals & Petrochemicals | 1.70% | 0.94% |
| Bank of BarodaBanks | 0.70% | 1.62% |
| PI IndustriesFertilizers & Agrochemicals | 1.33% | 0.66% |
| United SpiritsBeverages | 0.35% | 1.08% |
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.