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8 of 95 unique stocks in common · Jaccard: 8.4%
A weighted portfolio overlap of 9.92% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.92 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Eternal, which commands a weight of 2.04% in Kotak Midcap Fund and 8.66% in UTI - India Consumer Fund. Holding both schemes increases your concentration in Eternal 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 |
|---|---|---|
| EternalRetailing | 2.04% | 8.66% |
| Global HealthHealthcare Services | 1.63% | 1.61% |
| Dixon Technologies (India)Consumer Durables | 2.10% | 1.50% |
| Vishal Mega MartRetailing | 2.67% | 1.33% |
| Metro BrandsConsumer Durables | 1.21% | 1.41% |
| Blue StarConsumer Durables | 1.30% | 1.10% |
| Aster DM HealthcareHealthcare Services | 0.89% | 0.78% |
| United SpiritsBeverages | 0.35% | 1.18% |
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.