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30 of 174 unique stocks in common · Jaccard: 17.2%
A weighted portfolio overlap of 22.49% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.49 is allocated to the exact same companies at the same relative proportions. The schemes share 30 common holdings.
The largest overlapping asset in their portfolios is BSE, which commands a weight of 1.39% in Kotak Midcap Fund and 1.32% in Nippon India Nifty Midcap 150 Index Fund. Holding both schemes increases your concentration in BSE 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 |
|---|---|---|
| BSECapital Markets | 1.39% | 1.32% |
| The Federal BankBanks | 2.14% | 1.27% |
| Persistent SystemsIT - Software | 1.62% | 1.21% |
| Bharat ForgeAuto Components | 1.28% | 1.14% |
| Dixon Technologies (India)Consumer Durables | 2.10% | 1.10% |
| Hindustan Petroleum CorporationPetroleum Products | 1.41% | 1.10% |
| PI IndustriesFertilizers & Agrochemicals | 1.33% | 1.03% |
| VoltasConsumer Durables | 1.00% | 1.18% |
| MRFAuto Components | 0.92% | 0.95% |
| Max Financial ServicesInsurance | 1.47% | 0.87% |
| Fortis HealthcareHealthcare Services | 4.03% | 0.80% |
| Max Healthcare InstituteHealthcare Services | 0.80% | 2.17% |
| KEI IndustriesIndustrial Products | 2.98% | 0.78% |
| Solar Industries IndiaChemicals & Petrochemicals | 2.55% | 0.77% |
| Indian BankBanks | 2.37% | 0.67% |
| MphasisIT - Software | 2.79% | 0.67% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 2.91% | 0.63% |
| Oracle Financial Services SoftwareIT - Software | 1.99% | 0.62% |
| Oberoi RealtyRealty | 2.10% | 0.60% |
| Apollo TyresAuto Components | 0.68% | 0.59% |
| Deepak NitriteChemicals & Petrochemicals | 1.06% | 0.58% |
| JK CementCement & Cement Products | 1.94% | 0.58% |
| Schaeffler IndiaAuto Components | 1.92% | 0.52% |
| Dalmia BharatCement & Cement Products | 1.25% | 0.51% |
| Coromandel InternationalFertilizers & Agrochemicals | 1.55% | 0.50% |
| Poonawalla FincorpFinance | 1.16% | 0.50% |
| L&T FinanceFinance | 2.27% | 0.48% |
| UNO MindaAuto Components | 0.85% | 0.46% |
| Bank of MaharashtraBanks | 2.10% | 0.24% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.81% | 0.23% |
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.