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11 of 116 unique stocks in common · Jaccard: 9.5%
A weighted portfolio overlap of 4.35% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.35 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 Aster DM Healthcare, which commands a weight of 0.89% in Kotak Midcap Fund and 0.73% in UTI Children's Hybrid Fund. Holding both schemes increases your concentration in Aster DM 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 UTI |
|---|---|---|
| Aster DM HealthcareHealthcare Services | 0.89% | 0.73% |
| ICICI Lombard General Insurance CompanyInsurance | 1.18% | 0.64% |
| EternalRetailing | 2.04% | 0.55% |
| Cholamandalam Investment and Finance CompanyFinance | 1.66% | 0.38% |
| Metro BrandsConsumer Durables | 1.21% | 0.36% |
| Oberoi RealtyRealty | 2.10% | 0.36% |
| Bharat ElectronicsAerospace & Defense | 2.13% | 0.29% |
| Global HealthHealthcare Services | 1.63% | 0.29% |
| PI IndustriesFertilizers & Agrochemicals | 1.33% | 0.28% |
| SwiggyRetailing | 1.65% | 0.28% |
| Blue StarConsumer Durables | 1.30% | 0.19% |
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.