Loading fund overlap…
11 of 112 unique stocks in common · Jaccard: 9.8%
A weighted portfolio overlap of 13.45% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.45 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Fortis Healthcare, which commands a weight of 4.03% in Kotak Midcap Fund and 2.48% in Tata Ethical 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 Tata |
|---|---|---|
| Fortis HealthcareHealthcare Services | 4.03% | 2.48% |
| MphasisIT - Software | 2.79% | 2.12% |
| SRFChemicals & Petrochemicals | 1.70% | 2.64% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 2.91% | 1.18% |
| Jindal SteelFerrous Metals | 0.96% | 2.90% |
| Dixon Technologies (India)Consumer Durables | 2.10% | 0.92% |
| BirlasoftIT - Software | 0.91% | 1.02% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 1.61% | 0.85% |
| UNO MindaAuto Components | 0.85% | 0.86% |
| MRFAuto Components | 0.92% | 0.81% |
| Schaeffler IndiaAuto Components | 1.92% | 0.67% |
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.