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42 of 94 unique stocks in common · Jaccard: 44.7%
A weighted portfolio overlap of 48.64% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹48.64 is allocated to the exact same companies at the same relative proportions. The schemes share 42 common holdings.
The largest overlapping asset in their portfolios is NTPC, which commands a weight of 3.28% in Kotak Multi Asset Allocation Fund and 2.91% in Kotak Multicap Fund. Holding both schemes increases your concentration in NTPC 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 Multi | in Kotak Multicap |
|---|---|---|
| NTPCPower | 3.28% | 2.91% |
| Maruti Suzuki IndiaAutomobiles | 2.87% | 4.35% |
| Power Finance CorporationFinance | 2.87% | 2.88% |
| State Bank of IndiaBanks | 3.24% | 2.76% |
| Indus TowersTelecom - Services | 2.71% | 3.92% |
| ITCDiversified FMCG | 3.03% | 2.53% |
| Hero MotoCorpAutomobiles | 2.28% | 3.50% |
| NLC IndiaPower | 2.27% | 2.50% |
| Bandhan BankBanks | 2.21% | 2.35% |
| Shriram FinanceFinance | 2.00% | 2.92% |
| Radico KhaitanBeverages | 1.65% | 3.15% |
| Bank of BarodaBanks | 1.54% | 1.62% |
| EternalRetailing | 1.50% | 2.24% |
| Bharti AirtelTelecom - Services | 1.44% | 2.16% |
| Acutaas ChemicalsPharmaceuticals & Biotechnology | 1.21% | 1.75% |
| Poonawalla FincorpFinance | 1.19% | 1.71% |
| Tech MahindraIT - Software | 1.30% | 1.19% |
| Hindustan UnileverDiversified FMCG | 2.47% | 1.16% |
| InfosysIT - Software | 1.41% | 1.08% |
| Oil IndiaOil | 2.16% | 1.05% |
| SwiggyRetailing | 0.84% | 0.96% |
| Hindalco IndustriesNon - Ferrous Metals | 1.25% | 0.82% |
| Oracle Financial Services SoftwareIT - Software | 0.76% | 1.96% |
| Tata SteelFerrous Metals | 1.04% | 0.75% |
| Aditya Birla Sun Life AMCCapital Markets | 0.60% | 1.30% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.86% | 0.60% |
| Piramal FinanceFinance | 0.58% | 1.37% |
| Reliance IndustriesPetroleum Products | 1.45% | 0.55% |
| Tata Consultancy ServicesIT - Software | 0.51% | 1.02% |
| The Jammu & Kashmir BankBanks | 0.46% | 1.90% |
| Whirlpool of IndiaConsumer Durables | 0.43% | 0.72% |
| Life Insurance Corporation of IndiaInsurance | 0.41% | 1.11% |
| PVR INOXEntertainment | 0.41% | 0.71% |
| InterGlobe AviationTransport Services | 0.38% | 1.17% |
| Jyoti CNC AutomationIndustrial Manufacturing | 0.37% | 0.84% |
| Billionbrains Garage VenturesCapital Markets | 0.35% | 0.54% |
| Sun TV NetworkEntertainment | 0.35% | 1.48% |
| MphasisIT - Software | 0.33% | 1.40% |
| SubrosIndustrial Products | 0.26% | 0.67% |
| Ashoka BuildconConstruction | 0.22% | 0.48% |
| Navneet EducationHousehold Products | 0.16% | 0.42% |
| Orchid PharmaPharmaceuticals & Biotechnology | 0.54% | 0.08% |
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.