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13 of 86 unique stocks in common · Jaccard: 15.1%
A weighted portfolio overlap of 25.61% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.61 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 Bharti Airtel, which commands a weight of 8.10% in Kotak Services Fund and 5.78% in Tata ELSS Fund. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 8.10% | 5.78% |
| ICICI BankBanks | 9.78% | 5.70% |
| State Bank of IndiaBanks | 9.11% | 4.36% |
| InfosysIT - Software | 4.35% | 2.10% |
| HDFC BankBanks | 1.92% | 5.52% |
| Bajaj FinanceFinance | 3.60% | 1.57% |
| HCL TechnologiesIT - Software | 2.89% | 1.11% |
| NTPCPower | 0.70% | 2.96% |
| Emmvee Photovoltaic PowerElectrical Equipment | 0.66% | 0.83% |
| The Indian Hotels CompanyLeisure Services | 0.49% | 0.74% |
| Bank of BarodaBanks | 0.88% | 0.48% |
| EternalRetailing | 0.44% | 1.13% |
| InterGlobe AviationTransport Services | 0.30% | 0.83% |
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.