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20 of 60 unique stocks in common · Jaccard: 33.3%
A weighted portfolio overlap of 31.77% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.77 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.74% in Kotak Nifty Alpha Low Volatility 30 Index Fund and 9.19% in UTI Nifty 50 Index Fund. Holding both schemes increases your concentration in ICICI 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 UTI |
|---|---|---|
| ICICI BankBanks | 3.74% | 9.19% |
| Bharti AirtelTelecom - Services | 3.41% | 5.36% |
| State Bank of IndiaBanks | 3.07% | 3.79% |
| Reliance IndustriesPetroleum Products | 2.83% | 7.90% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.60% | 1.88% |
| Titan CompanyConsumer Durables | 3.16% | 1.80% |
| Maruti Suzuki IndiaAutomobiles | 2.72% | 1.66% |
| NTPCPower | 4.03% | 1.47% |
| Hindalco IndustriesNon - Ferrous Metals | 3.59% | 1.26% |
| Ultratech CementCement & Cement Products | 2.71% | 1.26% |
| Bajaj AutoAutomobiles | 3.87% | 1.14% |
| Asian PaintsConsumer Durables | 2.83% | 1.11% |
| JSW SteelFerrous Metals | 3.35% | 1.06% |
| Grasim IndustriesCement & Cement Products | 3.33% | 1.05% |
| Nestle IndiaFood Products | 3.91% | 0.97% |
| Eicher MotorsAutomobiles | 3.03% | 0.96% |
| Coal IndiaConsumable Fuels | 2.71% | 0.89% |
| Apollo Hospitals EnterpriseHealthcare Services | 3.93% | 0.82% |
| SBI Life Insurance CompanyInsurance | 3.57% | 0.76% |
| Tata Consumer ProductsAgricultural Food & Other Products | 2.59% | 0.63% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.