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7 of 112 unique stocks in common · Jaccard: 6.3%
A weighted portfolio overlap of 7.73% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.73 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is L&T Finance, which commands a weight of 2.27% in Kotak Midcap Fund and 2.97% in Tata Business Cycle Fund. Holding both schemes increases your concentration in L&T Finance 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 Tata |
|---|---|---|
| L&T FinanceFinance | 2.27% | 2.97% |
| ICICI Lombard General Insurance CompanyInsurance | 1.18% | 1.53% |
| Dixon Technologies (India)Consumer Durables | 2.10% | 1.06% |
| Bharat ForgeAuto Components | 1.28% | 0.99% |
| Jindal SteelFerrous Metals | 0.96% | 3.76% |
| Bank of BarodaBanks | 0.70% | 1.78% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.57% | 2.44% |
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.