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30 of 50 unique stocks in common · Jaccard: 60%
A weighted portfolio overlap of 65.45% indicates a significant overlap (largely the same bets). This means that out of every ₹100 you invest across these two schemes, approximately ₹65.45 is allocated to the exact same companies at the same relative proportions. The schemes share 30 common holdings.
The largest overlapping asset in their portfolios is Hitachi Energy India, which commands a weight of 4.49% in Kotak Nifty Alpha 50 Index Fund and 6.71% in Tata Nifty200 Alpha 30 Index Fund. Holding both schemes increases your concentration in Hitachi Energy 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 Tata |
|---|---|---|
| Hitachi Energy IndiaElectrical Equipment | 4.49% | 6.71% |
| Multi Commodity Exchange of IndiaCapital Markets | 3.55% | 5.33% |
| Laurus LabsPharmaceuticals & Biotechnology | 3.33% | 5.15% |
| Aditya Birla CapitalFinance | 3.19% | 4.98% |
| L&T FinanceFinance | 2.76% | 4.27% |
| Polycab IndiaIndustrial Products | 2.61% | 3.94% |
| National Aluminium CompanyNon - Ferrous Metals | 2.55% | 3.87% |
| Cummins IndiaIndustrial Products | 2.45% | 3.69% |
| BSECapital Markets | 2.31% | 3.33% |
| Canara BankBanks | 2.24% | 3.44% |
| Max Financial ServicesInsurance | 2.22% | 3.37% |
| Bharat ForgeAuto Components | 2.19% | 3.28% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 2.15% | 3.31% |
| Indian BankBanks | 2.14% | 3.28% |
| AU Small Finance BankBanks | 2.02% | 3.00% |
| The Federal BankBanks | 1.97% | 2.93% |
| Bharat ElectronicsAerospace & Defense | 1.94% | 2.92% |
| Glenmark PharmaceuticalsPharmaceuticals & Biotechnology | 1.94% | 2.88% |
| Bank of IndiaBanks | 1.90% | 2.87% |
| Solar Industries IndiaChemicals & Petrochemicals | 1.88% | 2.59% |
| Union Bank of IndiaBanks | 1.83% | 2.74% |
| FSN E-Commerce VenturesRetailing | 1.78% | 2.60% |
| Eicher MotorsAutomobiles | 1.73% | 2.55% |
| State Bank of IndiaBanks | 1.71% | 2.55% |
| TVS Motor CompanyAutomobiles | 1.70% | 2.51% |
| Shriram FinanceFinance | 1.66% | 2.41% |
| Fortis HealthcareHealthcare Services | 1.51% | 2.11% |
| Muthoot FinanceFinance | 1.49% | 2.11% |
| One 97 CommunicationsFinancial Technology (Fintech) | 1.24% | 1.68% |
| VedantaDiversified Metals | 0.97% | 1.45% |
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.