Kotak Contra Fund vs Motilal Oswal Contra Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
11.3%
Low overlap
Largely different portfolios.
7
Common stocks
54
Only in Kotak Contra Fund
31
Only in Motilal Oswal Contra Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
7 common stocks
Kotak Contra FundMotilal Oswal Contra Fund| Stock | Kotak Contra Fund | Motilal Oswal Contra Fund | Overlap |
|---|---|---|---|
| ICICI Bank LtdFinancial Services | 6.16% | 2.93% | 2.93% |
| Tech Mahindra LtdTechnology | 2.12% | 2.20% | 2.12% |
| Shriram Finance LtdFinancial Services | 2.89% | 2.08% | 2.08% |
| Bajaj Finance LtdFinancial Services | 1.55% | 3.97% | 1.55% |
| Interglobe Aviation LtdTransportation & Logistics | 1.30% | 1.73% | 1.30% |
| Uno Minda LtdConsumer Discretionary | 1.10% | 3.68% | 1.10% |
| Lumino Industries LtdIndustrials | 0.18% | 1.12% | 0.18% |
| Total | 15.30% | 17.71% | 11.26% |
Only in Kotak Contra Fund
54 stocks, 83.0% of the fund
- HDFC Bank LtdFinancial Services3.92%
- State Bank Of IndiaFinancial Services3.37%
- Reliance Industries LtdEnergy2.74%
- Hero Motocorp LtdConsumer Discretionary2.62%
- Larsen & Toubro LtdIndustrials2.54%
- Swiggy LtdConsumer Discretionary2.40%
- Bharti Airtel LtdCommunication Services2.36%
- NTPC LtdUtilities2.35%
- Fortis Healthcare LtdHealthcare2.20%
- Mphasis LtdTechnology2.12%
Only in Motilal Oswal Contra Fund
31 stocks, 71.4% of the fund
- ABB India LtdIndustrials5.37%
- Bosch LtdConsumer Discretionary4.62%
- Solar Industries India LtdMaterials4.62%
- Dixon Technologies (India) LtdConsumer Discretionary4.11%
- Tempsens Instruments (India) LtdIndustrials4.03%
- PNB Housing Finance LtdFinancial Services3.99%
- Schneider Electric Infrastructure LtdIndustrials3.09%
- Garware Hi-Tech Films LtdIndustrials2.66%
- RBL Bank LtdFinancial Services2.50%
- VA Tech Wabag LtdUtilities2.26%
Check another pair
More Contra pairs
What is mutual fund portfolio overlap?
Portfolio overlap is the share of two funds' money that sits in the same stocks in the same amounts. Two flexi cap funds that both hold HDFC Bank, ICICI Bank and Reliance overlap by the smaller of their weights in each of those stocks.
How is portfolio overlap calculated?
For every stock both funds hold, take the smaller of the two weights, then add them up. If one fund holds HDFC Bank at 8% and the other at 5%, that stock adds 5% to the overlap. Only shares count; cash, bonds, deposits and REITs are left out. The figures use each fund's latest monthly portfolio disclosure.
Is high overlap between two funds bad?
Not by itself. RuDo studied 33,153 pairs of diversified equity funds over five years to September 2026. Funds from different fund houses with 50% to 70% overlap shared mostly the index's largest stocks, and holding both still made returns swing 12% to 15% less around the index than holding either one. Overlap above 70% came mostly from two funds of the same fund house, which hold nearly the same portfolio.
How often does the overlap change?
Fund houses disclose their portfolios every month, so the overlap is refreshed as each new disclosure arrives. It moves slowly for most diversified funds and faster for focused or high-turnover funds.
Based on each fund's monthly portfolio disclosure. Past performance does not indicate future returns.