Mutual Fund Overlap Calculator
Compare any two mutual funds to find the percentage of common holdings, see every shared stock, and get a side-by-side comparison of NAV, AUM, expense ratio, returns and risk metrics — so you can spot unnecessary duplication in your portfolio before you invest.
Fund 1
Kotak Balanced Advantage Fund Direct-GrowthFund 2
Tata Balanced Advantage Fund Direct-GrowthPortfolio Overlap
See how much of Kotak Balanced Advantage Fund Direct-Growth and Tata Balanced Advantage Fund Direct-Growth's holdings overlap, and which stocks fall into each fund exclusively.
34.8% of the portfolio is common between Kotak Balanced Advantage Fund Direct-Growth and Tata Balanced Advantage Fund Direct-Growth.
That is a moderate overlap — the two funds share a meaningful chunk of holdings but still differ enough to offer some diversification.
Click a section of the diagram, or a tab below, to see which stocks fall in each part.
| 5.95% / 2.12% | 3.43% / 4.61% | ||
| 4.44% / 2.86% | 3.13% / 3.56% | ||
| 3.77% / 1.51% | 2.27% / 2.96% | ||
| 2.15% / 2.44% | 1.76% / 1.26% | ||
| 1.45% / 1.53% | 1.36% / 1.41% | ||
| 1.41% / 1.34% | 1.09% / 1.55% | ||
| 0.67% / 1.77% | 0.77% / 1.65% | ||
| 0.53% / 1.79% | 0.30% / 1.93% | ||
| 0.74% / 1.26% | 0.73% / 1.20% | ||
| 0.29% / 1.63% | 0.89% / 0.89% | ||
| 0.08% / 1.70% | 0.53% / 1.22% | ||
| 0.69% / 0.83% | 0.53% / 0.97% | ||
| 0.13% / 1.34% | 0.63% / 0.80% | ||
| 0.61% / 0.78% | 0.23% / 1.14% | ||
| 0.31% / 0.95% | 0.03% / 1.19% | ||
| 0.31% / 0.90% | 0.82% / 0.35% | ||
| 0.04% / 1.12% | 0.44% / 0.67% | ||
| 0.10% / 0.97% | 0.43% / 0.56% | ||
| 0.04% / 0.85% | 0.08% / 0.52% | ||
| 0.41% / 0.14% | 0.14% / 0.33% | ||
| 0.01% / 0.45% | 0.00% / 0.17% | ||
| 0.07% / 0.02% | 0.03% / 0.06% |
Quick Insights
34.8% of the combined portfolio weight is common between Kotak Balanced Advantage Fund Direct-Growth and Tata Balanced Advantage Fund Direct-Growth.
44 stocks appear in both portfolios.
The largest shared holding is GOI, at 5.95% of Kotak Balanced Advantage Fund Direct-Growth and 2.12% of Tata Balanced Advantage Fund Direct-Growth.
Both funds belong to the same category — Hybrid: Dynamic Asset Allocation — which is a common reason for portfolio overlap.
Tata Balanced Advantage Fund Direct-Growth has a lower expense ratio, cheaper by 0.17% per annum than the other fund.
Kotak Balanced Advantage Fund Direct-Growth manages a significantly larger AUM (about 2.0x) than the other fund.
Key Metrics — Side by Side
| Metric | Kotak Balanced Advantage Fund Direct-Growth | Tata Balanced Advantage Fund Direct-Growth |
|---|---|---|
| NAV | ₹23.42 | ₹23.95 |
| AUM | ₹17.37k Cr | ₹8.83k Cr |
| Expense Ratio | 0.83% | 0.66% |
| Category | Hybrid: Dynamic Asset Allocation | Hybrid: Dynamic Asset Allocation |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | CRISIL Hybrid 50+50 Moderate Index |
| Launch Date | 9 Aug 2018 | 27 Jan 2019 |
| 1Y Return | 5.43% | 6.13% |
| 3Y Return (CAGR) | 10.94% | 10.17% |
| 5Y Return (CAGR) | 10.10% | 10.30% |
| Sharpe Ratio | 0.53 | 0.48 |
| Risk (SEBI Riskometer) | Very High | Very High |
Frequently Asked Questions
What is the portfolio overlap between Kotak Balanced Advantage Fund Direct-Growth and Tata Balanced Advantage Fund Direct-Growth?
Kotak Balanced Advantage Fund Direct-Growth and Tata Balanced Advantage Fund Direct-Growth have a portfolio overlap of 34.8%. This means 34.8% of the combined portfolio weight (by the lower of the two weights for each shared stock) is invested in common stocks.
How many common stocks do Kotak Balanced Advantage Fund Direct-Growth and Tata Balanced Advantage Fund Direct-Growth share?
Kotak Balanced Advantage Fund Direct-Growth and Tata Balanced Advantage Fund Direct-Growth share 44 common stocks, including GOI, Reliance Industries Ltd., ICICI Bank Ltd.. You can see the full list with individual weights in the Shared Stocks table above.
Should I invest in both Kotak Balanced Advantage Fund Direct-Growth and Tata Balanced Advantage Fund Direct-Growth?
Kotak Balanced Advantage Fund Direct-Growth and Tata Balanced Advantage Fund Direct-Growth have a moderate overlap of 34.8%. Holding both can still work if you specifically want exposure to their differing strategies, but be aware that a meaningful part of the portfolio is duplicated. This isn't investment advice — evaluate based on your own goals and risk profile.
How do Kotak Balanced Advantage Fund Direct-Growth and Tata Balanced Advantage Fund Direct-Growth compare on expense ratio and returns?
Kotak Balanced Advantage Fund Direct-Growth has an expense ratio of 0.83%, while Tata Balanced Advantage Fund Direct-Growth has 0.66%. On a 3-year CAGR basis, Kotak Balanced Advantage Fund Direct-Growth has delivered 10.94% versus 10.17% for Tata Balanced Advantage Fund Direct-Growth. See the full Key Metrics table above for AUM, alpha, Sharpe ratio and more.
What is mutual fund portfolio overlap?
Portfolio overlap is the percentage of common stocks held by two mutual fund schemes, weighted by how much of each fund's portfolio they represent. A high overlap means the two funds are effectively holding a similar basket of stocks, even if their names or categories differ.
How is mutual fund overlap calculated?
For every stock held by both funds, we take the smaller of the two portfolio weights and add these up across all common holdings. This gives a single overlap percentage — the share of the portfolio that is effectively duplicated if you invest in both funds.
Why does portfolio overlap matter?
If you hold two funds with high overlap, you are not getting as much diversification as you might think — a large part of your money is riding on the same set of stocks through two different schemes. Checking overlap before adding a new fund to your portfolio helps you avoid unnecessary duplication.
What is considered a high mutual fund overlap?
There is no fixed rule, but as a general guide: overlap below 30% is considered low (the funds are meaningfully different), 30–60% is moderate, and above 60% is considered high — at that point, holding both funds adds limited extra diversification.
How do I use this mutual fund overlap calculator?
Search and select any two mutual fund schemes in the boxes above. Once both are selected, we automatically calculate and display the % of common holdings, the list of shared stocks, and a side-by-side comparison of key metrics like AUM, expense ratio and returns.