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26 of 133 unique stocks in common · Jaccard: 19.5%
A weighted portfolio overlap of 26.81% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.81 is allocated to the exact same companies at the same relative proportions. The schemes share 26 common holdings.
The largest overlapping asset in their portfolios is Fortis Healthcare, which commands a weight of 4.03% in Kotak Midcap Fund and 2.16% in Nippon India Growth Fund. Holding both schemes increases your concentration in Fortis Healthcare 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 Nippon |
|---|---|---|
| Fortis HealthcareHealthcare Services | 4.03% | 2.16% |
| The Federal BankBanks | 2.14% | 1.88% |
| EternalRetailing | 2.04% | 1.77% |
| Power Finance CorporationFinance | 1.64% | 3.46% |
| Persistent SystemsIT - Software | 1.62% | 1.73% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 2.91% | 1.55% |
| Max Financial ServicesInsurance | 1.47% | 1.92% |
| BSECapital Markets | 1.39% | 1.35% |
| Bharat ForgeAuto Components | 1.28% | 1.61% |
| Dixon Technologies (India)Consumer Durables | 2.10% | 1.24% |
| Bharat ElectronicsAerospace & Defense | 2.13% | 1.13% |
| Dalmia BharatCement & Cement Products | 1.25% | 1.12% |
| VoltasConsumer Durables | 1.00% | 2.41% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.81% | 1.11% |
| Max Healthcare InstituteHealthcare Services | 0.80% | 1.82% |
| MphasisIT - Software | 2.79% | 0.75% |
| RECFinance | 0.69% | 1.89% |
| Apollo TyresAuto Components | 0.68% | 0.84% |
| Coromandel InternationalFertilizers & Agrochemicals | 1.55% | 0.55% |
| Deepak NitriteChemicals & Petrochemicals | 1.06% | 0.54% |
| Indian BankBanks | 2.37% | 0.53% |
| ICICI Lombard General Insurance CompanyInsurance | 1.18% | 0.49% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 1.61% | 0.49% |
| Poonawalla FincorpFinance | 1.16% | 0.47% |
| JK CementCement & Cement Products | 1.94% | 0.45% |
| Prudent Corporate Advisory ServicesCapital Markets | 0.80% | 0.35% |
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.