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12 of 102 unique stocks in common · Jaccard: 11.8%
A weighted portfolio overlap of 23.45% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.45 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 GE Vernova T&D India, which commands a weight of 4.22% in Kotak Midcap Fund and 5.57% in Kotak Nifty Alpha 50 Index Fund. Holding both schemes increases your concentration in GE Vernova T&D 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 Midcap | in Kotak Nifty |
|---|---|---|
| GE Vernova T&D IndiaElectrical Equipment | 4.22% | 5.57% |
| L&T FinanceFinance | 2.27% | 2.76% |
| Apar IndustriesElectrical Equipment | 2.22% | 2.67% |
| Indian BankBanks | 2.37% | 2.14% |
| The Federal BankBanks | 2.14% | 1.97% |
| Bharat ElectronicsAerospace & Defense | 2.13% | 1.94% |
| Solar Industries IndiaChemicals & Petrochemicals | 2.55% | 1.88% |
| Fortis HealthcareHealthcare Services | 4.03% | 1.51% |
| Max Financial ServicesInsurance | 1.47% | 2.22% |
| BSECapital Markets | 1.39% | 2.31% |
| Bharat ForgeAuto Components | 1.28% | 2.19% |
| Poonawalla FincorpFinance | 1.16% | 1.33% |
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.