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7 of 39 unique stocks in common · Jaccard: 17.9%
A weighted portfolio overlap of 31.88% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.88 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is Maruti Suzuki India, which commands a weight of 9.17% in Kotak Transportation & Logistics Fund and 16.00% in Nippon India Nifty Auto ETF. Holding both schemes increases your concentration in Maruti Suzuki 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 Nippon |
|---|---|---|
| Maruti Suzuki IndiaAutomobiles | 9.17% | 16.00% |
| Mahindra & MahindraAutomobiles | 6.37% | 19.51% |
| Hero MotoCorpAutomobiles | 8.53% | 5.58% |
| Bajaj AutoAutomobiles | 5.17% | 9.53% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 3.70% | 2.62% |
| BoschAuto Components | 2.01% | 2.37% |
| Apollo TyresAuto Components | 0.96% | 1.59% |
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.