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8 of 124 unique stocks in common · Jaccard: 6.5%
A weighted portfolio overlap of 9.74% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.74 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 The Federal Bank, which commands a weight of 2.14% in Kotak Midcap Fund and 1.81% in UTI Large & Mid Cap Fund. Holding both schemes increases your concentration in The Federal Bank 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 |
|---|---|---|
| The Federal BankBanks | 2.14% | 1.81% |
| Oracle Financial Services SoftwareIT - Software | 1.99% | 1.63% |
| Oberoi RealtyRealty | 2.10% | 1.47% |
| Max Financial ServicesInsurance | 1.47% | 1.38% |
| Bank of MaharashtraBanks | 2.10% | 1.30% |
| Nippon Life India Asset ManagementCapital Markets | 1.62% | 0.81% |
| RECFinance | 0.69% | 1.47% |
| MphasisIT - Software | 2.79% | 0.65% |
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.