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14 of 116 unique stocks in common · Jaccard: 12.1%
A weighted portfolio overlap of 16% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 1.94% in Kotak Multi Asset Allocation Fund and 3.31% in Lic Mf Multi Cap Fund. Holding both schemes increases your concentration in HDFC 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 Lic |
|---|---|---|
| HDFC BankBanks | 1.94% | 3.31% |
| Maruti Suzuki IndiaAutomobiles | 2.87% | 1.54% |
| State Bank of IndiaBanks | 3.24% | 1.52% |
| Shriram FinanceFinance | 2.00% | 1.49% |
| EternalRetailing | 1.50% | 1.43% |
| ICICI BankBanks | 1.41% | 2.77% |
| InfosysIT - Software | 1.41% | 1.52% |
| Oil IndiaOil | 2.16% | 1.40% |
| Samvardhana Motherson InternationalAuto Components | 0.99% | 1.31% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.86% | 1.27% |
| Dee Development EngineeersIndustrial Manufacturing | 0.57% | 1.26% |
| Kotak Mahindra BankBanks | 0.55% | 2.28% |
| Tata Consultancy ServicesIT - Software | 0.51% | 1.46% |
| InterGlobe AviationTransport Services | 0.38% | 1.54% |
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.