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8 of 160 unique stocks in common · Jaccard: 5%
A weighted portfolio overlap of 8.45% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.45 is allocated to the exact same companies at the same relative proportions. The schemes share 8 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 2.46% in Nippon India 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 Nippon |
|---|---|---|
| GE Vernova T&D IndiaElectrical Equipment | 4.22% | 2.46% |
| Max Financial ServicesInsurance | 1.47% | 2.32% |
| EternalRetailing | 2.04% | 1.33% |
| VoltasConsumer Durables | 1.00% | 1.45% |
| RECFinance | 0.69% | 0.83% |
| Power Finance CorporationFinance | 1.64% | 0.63% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 1.61% | 0.59% |
| Dalmia BharatCement & Cement Products | 1.25% | 0.28% |
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.