Kotak Flexicap Fund vs Parag Parikh Flexi Cap Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
27.1%
Moderate overlap
Some shared stocks, different bets.
20
Common stocks
37
Only in Kotak Flexicap Fund
33
Only in Parag Parikh Flexi Cap Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
20 common stocks
Kotak Flexicap FundParag Parikh Flexi Cap Fund| Stock | Kotak Flexicap Fund | Parag Parikh Flexi Cap Fund | Overlap |
|---|---|---|---|
| ICICI Bank LtdFinancial Services | 5.67% | 5.67% | 5.67% |
| HDFC Bank LtdFinancial Services | 4.97% | 7.63% | 4.97% |
| Axis Bank LtdFinancial Services | 3.69% | 2.97% | 2.97% |
| Bharti Airtel LtdCommunication Services | 2.80% | 2.80% | 2.80% |
| Maruti Suzuki India LtdConsumer Discretionary | 1.92% | 2.68% | 1.92% |
| Infosys LtdTechnology | 1.72% | 3.29% | 1.72% |
| Zydus Lifesciences LtdHealthcare | 2.14% | 1.52% | 1.52% |
| Kotak Mahindra Bank LtdFinancial Services | 1.38% | 4.40% | 1.38% |
| Power Grid Corporation Of India LtdUtilities | 0.93% | 5.58% | 0.93% |
| Cipla LtdHealthcare | 0.87% | 1.37% | 0.87% |
| Tata Consultancy Services LtdTechnology | 0.77% | 2.88% | 0.77% |
| Petronet Lng LtdEnergy | 1.39% | 0.48% | 0.48% |
| Bajaj Finance LtdFinancial Services | 2.06% | 0.38% | 0.38% |
| Reliance Industries LtdEnergy | 2.26% | 0.35% | 0.35% |
| Sun Pharmaceutical Industries LtdHealthcare | 2.11% | 0.13% | 0.13% |
| State Bank Of IndiaFinancial Services | 4.47% | 0.09% | 0.09% |
| Ultratech Cement LtdMaterials | 2.79% | 0.09% | 0.09% |
| Bharat Electronics LtdIndustrials | 5.40% | 0.04% | 0.04% |
| Hindustan Unilever LtdConsumer Staples | 0.73% | 0.04% | 0.04% |
| Indusind Bank LtdFinancial Services | 1.35% | 0.03% | 0.03% |
| Total | 49.42% | 42.42% | 27.15% |
Only in Kotak Flexicap Fund
37 stocks, 49.1% of the fund
- Zomato LtdConsumer Discretionary4.07%
- Jindal Steel & Power LtdMaterials4.02%
- Larsen & Toubro LtdIndustrials3.73%
- Solar Industries India LtdMaterials3.57%
- SRF LtdMaterials2.82%
- Interglobe Aviation LtdTransportation & Logistics2.51%
- Bharat Forge LtdConsumer Discretionary2.46%
- Hero Motocorp LtdConsumer Discretionary1.93%
- BSE LtdFinancial Services1.80%
- AU Small Finance Bank LtdFinancial Services1.71%
Only in Parag Parikh Flexi Cap Fund
33 stocks, 41.6% of the fund
- ITC LtdConsumer Staples5.26%
- Bajaj Holdings & Investment LtdFinancial Services5.14%
- Coal India LtdEnergy5.02%
- HCL Technologies LtdTechnology4.15%
- Alphabet IncTechnology4.14%
- Mahindra & Mahindra LtdConsumer Discretionary3.97%
- Microsoft CorpTechnology2.40%
- Amazon Com IncConsumer Discretionary2.33%
- Meta Platforms Registered Shares ACommunication Services2.18%
- Indraprashtha Gas LtdEnergy1.17%
Check another pair
More Flexi Cap pairs
- Parag Parikh Flexi Cap Fund vs HDFC Flexi Cap Fund
- Parag Parikh Flexi Cap Fund vs Aditya Birla Sun Life Flexi Cap Fund
- Parag Parikh Flexi Cap Fund vs ICICI Prudential Flexicap Fund
- HDFC Flexi Cap Fund vs Kotak Flexicap Fund
- HDFC Flexi Cap Fund vs Aditya Birla Sun Life Flexi Cap Fund
- HDFC Flexi Cap Fund vs ICICI Prudential Flexicap Fund
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.