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10 of 111 unique stocks in common · Jaccard: 9%
A weighted portfolio overlap of 12.29% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.29 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Eternal, which commands a weight of 2.04% in Kotak Midcap Fund and 2.19% in Nippon India Retirement Fund - Wealth Creation Scheme. Holding both schemes increases your concentration in Eternal 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 |
|---|---|---|
| EternalRetailing | 2.04% | 2.19% |
| Dixon Technologies (India)Consumer Durables | 2.10% | 1.89% |
| BSECapital Markets | 1.39% | 1.35% |
| Power Finance CorporationFinance | 1.64% | 1.32% |
| ICICI Lombard General Insurance CompanyInsurance | 1.18% | 1.94% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 2.91% | 1.12% |
| The Federal BankBanks | 2.14% | 1.00% |
| VoltasConsumer Durables | 1.00% | 1.07% |
| Bharat ForgeAuto Components | 1.28% | 0.82% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.57% | 1.06% |
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.