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14 of 116 unique stocks in common · Jaccard: 12.1%
A weighted portfolio overlap of 16.41% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.41 is allocated to the exact same companies at the same relative proportions. The schemes share 14 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 1.89% in Lic Mf Multi Cap 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 | in Lic |
|---|---|---|
| GE Vernova T&D IndiaElectrical Equipment | 4.22% | 1.89% |
| SRFChemicals & Petrochemicals | 1.70% | 1.59% |
| Bharti HexacomTelecom - Services | 1.76% | 1.50% |
| The Federal BankBanks | 2.14% | 1.48% |
| EternalRetailing | 2.04% | 1.43% |
| Coromandel InternationalFertilizers & Agrochemicals | 1.55% | 1.42% |
| Max Financial ServicesInsurance | 1.47% | 1.35% |
| Bharat ForgeAuto Components | 1.28% | 1.80% |
| BSECapital Markets | 1.39% | 1.14% |
| UNO MindaAuto Components | 0.85% | 1.15% |
| Metro BrandsConsumer Durables | 1.21% | 0.84% |
| Lenskart SolutionsRetailing | 0.65% | 1.33% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.57% | 1.17% |
| Techno Electric & Engineering CompanyConstruction | 0.42% | 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.