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10 of 164 unique stocks in common · Jaccard: 6.1%
A weighted portfolio overlap of 6.83% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹6.83 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Acutaas Chemicals, which commands a weight of 1.75% in Kotak Multicap Fund and 2.45% in UTI Small Cap Fund. Holding both schemes increases your concentration in Acutaas Chemicals 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 |
|---|---|---|
| Acutaas ChemicalsPharmaceuticals & Biotechnology | 1.75% | 2.45% |
| Radico KhaitanBeverages | 3.15% | 1.06% |
| Kajaria CeramicsConsumer Durables | 1.89% | 0.84% |
| Tata CommunicationsTelecom - Services | 0.94% | 0.81% |
| SubrosIndustrial Products | 0.67% | 1.20% |
| Whirlpool of IndiaConsumer Durables | 0.72% | 0.61% |
| Oracle Financial Services SoftwareIT - Software | 1.96% | 0.44% |
| G R InfraprojectsConstruction | 0.85% | 0.40% |
| Heritage FoodsFood Products | 0.17% | 0.71% |
| Orchid PharmaPharmaceuticals & Biotechnology | 0.08% | 0.45% |
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.