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10 of 305 unique stocks in common · Jaccard: 3.3%
A weighted portfolio overlap of 6.3% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹6.3 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Piramal Finance, which commands a weight of 1.18% in Kotak Midcap Fund and 1.14% in Kotak Nifty Smallcap 250 Index Fund. Holding both schemes increases your concentration in Piramal Finance 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 |
|---|---|---|
| Piramal FinanceFinance | 1.18% | 1.14% |
| Aster DM HealthcareHealthcare Services | 0.89% | 0.91% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 1.61% | 0.88% |
| Poonawalla FincorpFinance | 1.16% | 0.67% |
| Nuvama Wealth ManagementCapital Markets | 1.57% | 0.59% |
| Deepak NitriteChemicals & Petrochemicals | 1.06% | 0.57% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.81% | 0.55% |
| Home First Finance Company IndiaFinance | 0.63% | 0.48% |
| Techno Electric & Engineering CompanyConstruction | 0.42% | 0.27% |
| BirlasoftIT - Software | 0.91% | 0.26% |
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.