Kotak Equity Savings Fund - Direct - Growth vs Edelweiss Equity Savings Fund - Direct Plan - Growth Option — portfolio overlap
25.41% of these two portfolios is the same. A substantial shared core, which is normal for two funds in the same category — they are drawing from the same universe. The part that differs is what you are actually paying the second manager for.
Portfolio overlap
25.41%
Stocks held by both
63
Only in Kotak Mahindra Mutual Fund's fund
104
Only in Edelweiss Mutual Fund's fund
94
Overlap is weighted: for every stock both funds hold, we take the smaller of the two weights and add them up. So two funds each holding 5% of the same stock overlap by 5 points, not 10. Cash and equivalents (repo, TREPS, receivables) are excluded — nearly every fund holds them, and shared cash is not shared conviction.
Stocks both funds hold— top 25 of 63, by shared weight
| Stock | Sector | In Kotak Mahindra Mutual Fund's | In Edelweiss Mutual Fund's | Shared |
|---|---|---|---|---|
| Bharti Airtel Ltd | Technology | 5.15% | 3.19% | 3.19% |
| HDFC Bank Ltd | Financial | 2.66% | 5.05% | 2.66% |
| ICICI Bank Ltd | Financial | 2.30% | 3.41% | 2.30% |
| Reliance Industries Ltd | Energy & Utilities | 1.40% | 2.85% | 1.40% |
| Axis Bank Ltd | Financial | 1.28% | 1.57% | 1.28% |
| Steel Authority Of India Ltd | Materials | 1.11% | 4.70% | 1.11% |
| Adani Ports and Special Economic Zone Ltd | Industrials | 2.25% | 0.96% | 0.96% |
| Cube Highways Trust | Industrials | 1.77% | 0.80% | 0.80% |
| Zomato Ltd | Technology | 1.14% | 0.79% | 0.79% |
| State Bank of India | Financial | 2.99% | 0.67% | 0.67% |
| Bajaj Finance Ltd | Financial | 0.68% | 0.64% | 0.64% |
| Vodafone Idea Ltd | Technology | 0.63% | 2.75% | 0.63% |
| Ambuja Cements Ltd | Materials | 0.59% | 0.69% | 0.59% |
| Brookfield India Real Estate Trust REIT | Real Estate | 0.59% | 1.27% | 0.59% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | 0.55% | 0.67% | 0.55% |
| ITC Ltd | Consumer Staples | 1.76% | 0.46% | 0.46% |
| Sun Pharmaceutical Industries Ltd | Healthcare | 0.56% | 0.41% | 0.41% |
| Indus Towers Ltd | Technology | 3.45% | 0.40% | 0.40% |
| JSW Steel Ltd | Materials | 0.48% | 0.38% | 0.38% |
| NTPC Ltd | Energy & Utilities | 2.27% | 0.37% | 0.37% |
| Larsen & Toubro Ltd | Industrials | 1.19% | 0.36% | 0.36% |
| Hero Motocorp Ltd | Consumer Discretionary | 2.27% | 0.35% | 0.35% |
| One 97 Communications Ltd | Industrials | 3.16% | 0.32% | 0.32% |
| SWIGGY LTD-SEP2026 | Technology | 0.47% | 0.29% | 0.29% |
| NMDC Ltd | Materials | 0.29% | 1.61% | 0.29% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 171 and 161 holdings respectively — not live positions.