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15 of 88 unique stocks in common · Jaccard: 17%
A weighted portfolio overlap of 21.28% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.28 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.78% in Kotak Services Fund and 4.33% in Tata India Innovation 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 Tata |
|---|---|---|
| ICICI BankBanks | 9.78% | 4.33% |
| Axis BankBanks | 10.10% | 3.21% |
| Bharti AirtelTelecom - Services | 8.10% | 3.10% |
| Tech MahindraIT - Software | 2.40% | 2.38% |
| HDFC BankBanks | 1.92% | 2.29% |
| InfosysIT - Software | 4.35% | 1.47% |
| Aditya Birla Sun Life AMCCapital Markets | 1.26% | 1.07% |
| Bank of BarodaBanks | 0.88% | 1.55% |
| State Bank of IndiaBanks | 9.11% | 0.70% |
| Emmvee Photovoltaic PowerElectrical Equipment | 0.66% | 1.62% |
| Ujjivan Small Finance BankBanks | 0.75% | 0.61% |
| EternalRetailing | 0.44% | 2.71% |
| InterGlobe AviationTransport Services | 0.30% | 0.64% |
| Orchid PharmaPharmaceuticals & Biotechnology | 0.11% | 0.82% |
| Vishal Mega MartRetailing | 0.10% | 2.43% |
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.