Loading fund overlap…
10 of 129 unique stocks in common · Jaccard: 7.8%
A weighted portfolio overlap of 10.8% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.8 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 Bharat Electronics, which commands a weight of 2.13% in Kotak Midcap Fund and 3.12% in Tata Nifty500 Multicap India Manufacturing 50-30-20 Index Fund. Holding both schemes increases your concentration in Bharat Electronics 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 |
|---|---|---|
| Bharat ElectronicsAerospace & Defense | 2.13% | 3.12% |
| Dixon Technologies (India)Consumer Durables | 2.10% | 1.48% |
| Bharat ForgeAuto Components | 1.28% | 1.62% |
| SRFChemicals & Petrochemicals | 1.70% | 1.23% |
| Hindustan Petroleum CorporationPetroleum Products | 1.41% | 1.18% |
| VoltasConsumer Durables | 1.00% | 0.88% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 1.61% | 0.84% |
| PI IndustriesFertilizers & Agrochemicals | 1.33% | 0.70% |
| Deepak NitriteChemicals & Petrochemicals | 1.06% | 0.55% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.81% | 0.53% |
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.