Loading fund overlap…
9 of 85 unique stocks in common · Jaccard: 10.6%
A weighted portfolio overlap of 15.12% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.12 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Mphasis, which commands a weight of 2.79% in Kotak Midcap Fund and 3.17% in Lic Mf Technology Fund. Holding both schemes increases your concentration in Mphasis 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 |
|---|---|---|
| MphasisIT - Software | 2.79% | 3.17% |
| EternalRetailing | 2.04% | 4.11% |
| GE Vernova T&D IndiaElectrical Equipment | 4.22% | 2.01% |
| Oracle Financial Services SoftwareIT - Software | 1.99% | 3.10% |
| Bharti HexacomTelecom - Services | 1.76% | 2.24% |
| Persistent SystemsIT - Software | 1.62% | 4.69% |
| BSECapital Markets | 1.39% | 2.08% |
| Apar IndustriesElectrical Equipment | 2.22% | 1.10% |
| Techno Electric & Engineering CompanyConstruction | 0.42% | 0.84% |
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.