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9 of 120 unique stocks in common · Jaccard: 7.5%
A weighted portfolio overlap of 11.73% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.73 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Vishal Mega Mart, which commands a weight of 2.67% in Kotak Midcap Fund and 2.43% in Tata India Innovation Fund. Holding both schemes increases your concentration in Vishal Mega Mart 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 |
|---|---|---|
| Vishal Mega MartRetailing | 2.67% | 2.43% |
| EternalRetailing | 2.04% | 2.71% |
| Dixon Technologies (India)Consumer Durables | 2.10% | 1.73% |
| SwiggyRetailing | 1.65% | 1.42% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 1.61% | 1.32% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.81% | 1.63% |
| Aster DM HealthcareHealthcare Services | 0.89% | 0.71% |
| Bank of BarodaBanks | 0.70% | 1.55% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.57% | 3.01% |
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.