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9 of 127 unique stocks in common · Jaccard: 7.1%
A weighted portfolio overlap of 7.58% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.58 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 HDB Financial Services, which commands a weight of 1.61% in Kotak Midcap Fund and 1.60% in UTI Multi Cap Fund. Holding both schemes increases your concentration in HDB Financial Services 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 |
|---|---|---|
| HDB Financial ServicesFinance | 1.61% | 1.60% |
| SwiggyRetailing | 1.65% | 1.05% |
| Dixon Technologies (India)Consumer Durables | 2.10% | 1.00% |
| Metro BrandsConsumer Durables | 1.21% | 0.85% |
| Hindustan Petroleum CorporationPetroleum Products | 1.41% | 0.81% |
| Bank of MaharashtraBanks | 2.10% | 0.73% |
| RECFinance | 0.69% | 0.79% |
| Apollo TyresAuto Components | 0.68% | 0.50% |
| United SpiritsBeverages | 0.35% | 0.84% |
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.