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13 of 47 unique stocks in common · Jaccard: 27.7%
A weighted portfolio overlap of 37.75% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.75 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 8.37% in Kotak Nifty Commodities Index Fund and 20.49% in Tata BSE Select Business Groups Index Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 8.37% | 20.49% |
| Hindalco IndustriesNon - Ferrous Metals | 7.18% | 4.65% |
| Ultratech CementCement & Cement Products | 5.98% | 3.87% |
| Tata SteelFerrous Metals | 7.55% | 3.78% |
| Grasim IndustriesCement & Cement Products | 5.25% | 3.41% |
| JSW SteelFerrous Metals | 5.27% | 3.41% |
| Adani PowerPower | 4.42% | 2.83% |
| Tata Power CompanyPower | 3.10% | 1.53% |
| Adani Energy SolutionsPower | 2.32% | 1.51% |
| Adani Green EnergyPower | 2.17% | 1.39% |
| Jindal SteelFerrous Metals | 1.97% | 1.27% |
| JSW EnergyPower | 1.41% | 0.93% |
| Ambuja CementsCement & Cement Products | 1.20% | 0.80% |
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.