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26 of 237 unique stocks in common · Jaccard: 11%
A weighted portfolio overlap of 12.85% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.85 is allocated to the exact same companies at the same relative proportions. The schemes share 26 common holdings.
The largest overlapping asset in their portfolios is GE Vernova T&D India, which commands a weight of 4.22% in Kotak Midcap Fund and 1.12% in UTI Nifty500 Shariah Index Fund. Holding both schemes increases your concentration in GE Vernova T&D India 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 |
|---|---|---|
| GE Vernova T&D IndiaElectrical Equipment | 4.22% | 1.12% |
| Persistent SystemsIT - Software | 1.62% | 0.99% |
| Fortis HealthcareHealthcare Services | 4.03% | 0.85% |
| Dixon Technologies (India)Consumer Durables | 2.10% | 0.83% |
| Max Healthcare InstituteHealthcare Services | 0.80% | 1.26% |
| Jindal SteelFerrous Metals | 0.96% | 0.78% |
| SRFChemicals & Petrochemicals | 1.70% | 0.69% |
| SwiggyRetailing | 1.65% | 0.62% |
| KEI IndustriesIndustrial Products | 2.98% | 0.57% |
| MphasisIT - Software | 2.79% | 0.53% |
| VoltasConsumer Durables | 1.00% | 0.50% |
| Vishal Mega MartRetailing | 2.67% | 0.45% |
| MRFAuto Components | 0.92% | 0.44% |
| Apar IndustriesElectrical Equipment | 2.22% | 0.39% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 2.91% | 0.37% |
| Blue StarConsumer Durables | 1.30% | 0.36% |
| Coromandel InternationalFertilizers & Agrochemicals | 1.55% | 0.36% |
| UNO MindaAuto Components | 0.85% | 0.35% |
| Aster DM HealthcareHealthcare Services | 0.89% | 0.32% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 1.61% | 0.31% |
| Schaeffler IndiaAuto Components | 1.92% | 0.29% |
| Dalmia BharatCement & Cement Products | 1.25% | 0.24% |
| Apollo TyresAuto Components | 0.68% | 0.22% |
| Deepak NitriteChemicals & Petrochemicals | 1.06% | 0.20% |
| Global HealthHealthcare Services | 1.63% | 0.18% |
| BirlasoftIT - Software | 0.91% | 0.09% |
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.