HDFC Arbitrage Fund vs Kotak Arbitrage Fund

HDFC vs Kotak· Portfolio Overlap Analysis

46.6%High Overlap
155 common stocksRank #13789 / 20,000

Investor takeaway: At 46.6% overlap, a significant part of these portfolios is identical. Despite coming from different AMCs, the stock picks still converge heavily. Make sure both funds actually serve different jobs in your allocation.

Common Holdings (155)

StockWt% in HDFC ArbitrageWt% in Kotak ArbitrageOverlap
HDFC Bank Ltd.
Banks
6.52%6.93%6.52%
ICICI Bank Ltd.
Banks
3.72%2.90%2.90%
Reliance Industries Ltd.
Petroleum Products
4.17%2.50%2.50%
JSW Steel Ltd.
Ferrous Metals
2.14%1.99%1.99%
Bharti Airtel Ltd.
Telecom - Services
1.68%1.80%1.68%
Eternal Limited
Retailing
1.50%1.51%1.50%
Axis Bank Ltd.
Banks
2.20%1.47%1.47%
ITC LIMITED
Diversified FMCG
1.36%1.29%1.29%
Kotak Mahindra Bank Limited
Banks
1.28%1.58%1.28%
Grasim Industries Ltd.
Cement & Cement Products
2.41%1.15%1.15%
NTPC Limited
Power
1.26%1.01%1.01%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
0.82%0.97%0.82%
Jio Financial Services Limited
Finance
0.77%0.83%0.77%
Tata Steel Ltd.
Ferrous Metals
1.66%0.74%0.74%
Oil & Natural Gas Corporation Ltd.
Oil
0.75%0.74%0.74%
Mahindra & Mahindra Ltd.
Automobiles
1.77%0.73%0.73%
Larsen and Toubro Ltd.
Construction
1.09%0.73%0.73%
Maruti Suzuki India Limited
Automobiles
1.59%0.63%0.63%
Bajaj Finserv Ltd.
Finance
0.63%0.71%0.63%
Indus Towers Limited
Telecom - Services
0.60%0.72%0.60%
Adani Ports & Special Economic Zone
Transport Infrastructure
0.52%0.60%0.52%
Power Grid Corporation of India Ltd.
Power
0.48%0.53%0.48%
VODAFONE IDEA LIMITED
Telecom - Services
0.48%1.51%0.48%
Adani Energy Solutions Limited
Power
0.47%0.52%0.47%
Dr Reddys Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.74%0.44%0.44%
TVS Motor Company Ltd.
Automobiles
0.44%0.70%0.44%
Britannia Industries Ltd.
Food Products
0.43%0.69%0.43%
Titan Company Ltd.
Consumer Durables
1.15%0.41%0.41%
Punjab National Bank
Banks
0.44%0.41%0.41%
Bajaj Finance Ltd.
Finance
1.24%0.40%0.40%
Coforge Limited
IT - Software
0.39%0.71%0.39%
Apollo Hospitals Enterprise Ltd.
Healthcare Services
0.34%0.81%0.34%
Bharat Heavy Electricals Ltd.
Electrical Equipment
0.34%0.61%0.34%
One 97 Communications Limited
Financial Technology (Fintech)
0.33%0.50%0.33%
UltraTech Cement Limited
Cement & Cement Products
0.85%0.32%0.32%
Divis Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.48%0.32%0.32%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.40%0.32%0.32%
Nestle India Ltd.
Food Products
0.32%0.34%0.32%
Yes Bank Ltd.
Banks
0.32%0.32%0.32%
Eicher Motors Ltd.
Automobiles
0.31%0.43%0.31%
State Bank of India
Banks
0.30%0.49%0.30%
Laurus Labs Ltd.
Pharmaceuticals & Biotechnology
0.28%0.52%0.28%
UPL Ltd.
Fertilizers & Agrochemicals
0.55%0.27%0.27%
LIC Housing Finance Ltd.
Finance
0.40%0.27%0.27%
NMDC Limited
Minerals & Mining
0.34%0.27%0.27%
InterGlobe Aviation Ltd.
Transport Services
0.58%0.24%0.24%
DLF LIMITED
Realty
0.48%0.24%0.24%
Polycab India Limited
Industrial Products
0.35%0.23%0.23%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.31%0.22%0.22%
Glenmark Pharmaceuticals Ltd.
Pharmaceuticals & Biotechnology
0.22%0.25%0.22%
Shriram Finance Ltd.
Finance
0.95%0.21%0.21%
Container Corporation of India Ltd.
Transport Services
0.24%0.21%0.21%
IDFC First Bank Limited
Banks
0.21%0.21%0.21%
Max Financial Services Ltd.
Insurance
0.19%0.52%0.19%
Hindustan Aeronautics Limited
Aerospace & Defense
0.18%0.60%0.18%
Cholamandalam Investment & Finance Co. Ltd.
Finance
0.17%0.98%0.17%
Muthoot Finance Ltd.
Finance
0.17%0.30%0.17%
National Aluminium Co. Ltd.
Non - Ferrous Metals
0.17%0.36%0.17%
Bharat Electronics Ltd.
Aerospace & Defense
0.96%0.16%0.16%
Ambuja Cements Ltd.
Cement & Cement Products
0.16%0.45%0.16%
Sammaan Capital Limited
Finance
0.16%0.21%0.16%
Varun Beverages Ltd
Beverages
0.26%0.15%0.15%
Aurobindo Pharma Ltd.
Pharmaceuticals & Biotechnology
0.15%0.48%0.15%
Exide Industries Ltd.
Auto Components
0.15%0.15%0.15%
Hero MotoCorp Ltd.
Automobiles
0.15%0.39%0.15%
Delhivery Limited
Transport Services
0.13%0.40%0.13%
Bank of Baroda
Banks
0.13%0.12%0.12%
Adani Green Energy Limited
Power
0.12%0.35%0.12%
Tata Consumer Products Limited
Agricultural Food & Other Products
0.12%0.48%0.12%
Lodha Developers Limited
Realty
0.31%0.11%0.11%
The Tata Power Company Ltd.
Power
0.11%0.26%0.11%
APL Apollo Tubes Ltd.
Industrial Products
0.55%0.10%0.10%
ICICI Prudential Life Insurance Company Ltd.
Insurance
0.10%0.38%0.10%
Dixon Technologies (India) Ltd.
Consumer Durables
0.32%0.09%0.09%
Tata Motors Passenger Vehicles Limited
Automobiles
0.19%0.09%0.09%
INOX Wind Limited
Electrical Equipment
0.13%0.09%0.09%
Manappuram Finance Ltd.
Finance
0.09%0.25%0.09%
Trent Ltd.
Retailing
0.19%0.08%0.08%
Asian Paints Limited
Consumer Durables
0.15%0.08%0.08%
Hindustan Petroleum Corp. Ltd.
Petroleum Products
0.08%0.24%0.08%
Indian Hotels Company Ltd.
Leisure Services
0.08%0.09%0.08%
Lupin Ltd.
Pharmaceuticals & Biotechnology
0.08%0.13%0.08%
Patanjali Foods Limited
Agricultural Food & Other Products
0.08%0.16%0.08%
Tech Mahindra Ltd.
IT - Software
0.08%0.39%0.08%
PNB Housing Finance Ltd.
Finance
0.15%0.07%0.07%
Kalyan Jewellers India Ltd
Consumer Durables
0.14%0.07%0.07%
Dabur India Ltd.
Personal Products
0.07%0.23%0.07%
GMR Airports Limited
Transport Infrastructure
0.07%0.22%0.07%
Jindal Steel Limited.
Ferrous Metals
0.07%0.07%0.07%
MphasiS Limited.
IT - Software
0.07%0.10%0.07%
Power Finance Corporation Ltd.
Finance
0.07%0.22%0.07%
SBI Life Insurance Company Ltd.
Insurance
0.07%0.45%0.07%
UNO Minda Limited
Auto Components
0.07%0.34%0.07%
Marico Ltd.
Agricultural Food & Other Products
0.78%0.06%0.06%
Indian Oil Corporation Ltd.
Petroleum Products
0.22%0.06%0.06%
ABB India Ltd.
Electrical Equipment
0.06%0.19%0.06%
Fortis Healthcare Limited
Healthcare Services
0.06%0.23%0.06%
Fsn Ecommerce Ventures Limited (Nykaa)
Retailing
0.06%0.31%0.06%
GAIL (India) Ltd.
Gas
0.06%0.64%0.06%
Hindustan Zinc Ltd.
Non - Ferrous Metals
0.06%0.65%0.06%
Suzlon Energy Ltd
Electrical Equipment
0.06%0.29%0.06%
Syngene International Limited
Healthcare Services
0.06%0.09%0.06%
PB Fintech Limited
Financial Technology (Fintech)
0.05%0.44%0.05%
United Spirits Limited
Beverages
0.24%0.04%0.04%
Bank of India
Banks
0.04%0.04%0.04%
Biocon Ltd.
Pharmaceuticals & Biotechnology
0.04%0.12%0.04%
Havells India Ltd.
Consumer Durables
0.04%0.15%0.04%
HDFC Life Insurance Company Limited
Insurance
0.04%0.41%0.04%
Max Healthcare Institute Limited
Healthcare Services
0.04%0.11%0.04%
REC Limited.
Finance
0.04%0.72%0.04%
Steel Authority Of India Ltd.
Ferrous Metals
0.04%0.44%0.04%
JSW Energy Ltd.
Power
0.27%0.03%0.03%
Canara Bank
Banks
0.03%0.30%0.03%
CG Power and Industrial Solutions Ltd.
Electrical Equipment
0.03%0.07%0.03%
Cummins India Ltd.
Industrial Products
0.03%0.35%0.03%
INFO EDGE (INDIA) LIMITED
Retailing
0.03%0.11%0.03%
Life Insurance Corporation of India
Insurance
0.03%0.12%0.03%
SRF Ltd.
Chemicals & Petrochemicals
0.03%0.13%0.03%
Vedanta Ltd.
Diversified Metals
0.03%0.97%0.03%
Zydus Lifesciences Limited
Pharmaceuticals & Biotechnology
0.03%0.07%0.03%
Hindustan Unilever Ltd.
Diversified FMCG
0.13%0.02%0.02%
Mazagon Dock Shipbuilders Ltd
Industrial Manufacturing
0.10%0.02%0.02%
RBL Bank Ltd.
Banks
0.08%0.02%0.02%
Bharat Forge Ltd.
Auto Components
0.02%0.04%0.02%
Blue Star Ltd.
Consumer Durables
0.02%0.05%0.02%
Bosch Limited
Auto Components
0.02%0.20%0.02%
Coal India Ltd.
Consumable Fuels
0.02%0.29%0.02%
Computer Age Management Services
Capital Markets
0.02%0.05%0.02%
Dalmia Bharat Ltd.
Cement & Cement Products
0.02%0.08%0.02%
Godrej Properties Ltd.
Realty
0.02%0.05%0.02%
NHPC Ltd.
Power
0.02%0.27%0.02%
PG Electroplast Limited
Consumer Durables
0.02%0.05%0.02%
Solar Industries India Ltd.
Chemicals & Petrochemicals
0.02%0.12%0.02%
Sona Blw Precision Forgings
Auto Components
0.02%0.09%0.02%
Infosys Limited
IT - Software
0.26%0.01%0.01%
Petronet LNG Ltd.
Gas
0.05%0.01%0.01%
Bombay Stock Exchange Limited (BSE)
Capital Markets
0.04%0.01%0.01%
360 ONE WAM LIMITED
Capital Markets
0.01%0.02%0.01%
Alkem Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.01%0.10%0.01%
Godrej Consumer Products Ltd.
Personal Products
0.01%0.06%0.01%
Indian Energy Exchange Limited
Capital Markets
0.01%0.10%0.01%
KAYNES TECHNOLOGY INDIA LIMITED
Industrial Manufacturing
0.01%0.09%0.01%
Oil India Limited
Oil
0.01%0.05%0.01%
Persistent Systems Limited
IT - Software
0.01%0.16%0.01%
Prestige Estates Projects Ltd.
Realty
0.01%0.16%0.01%
Siemens Ltd.
Electrical Equipment
0.01%0.03%0.01%
Tata Technologies Limited
IT - Services
0.01%0.01%0.01%
Aditya Birla Capital ltd.
Finance
0.26%0.00%0.00%
Tata Consultancy Services Ltd.
IT - Software
0.25%0.00%0.00%
Pidilite Industries Ltd.
Chemicals & Petrochemicals
0.07%0.00%0.00%
MANKIND PHARMA LIMITED
Pharmaceuticals & Biotechnology
0.02%0.00%0.00%
Angel One Ltd.
Capital Markets
0.00%0.03%0.00%
Cipla Ltd.
Pharmaceuticals & Biotechnology
0.00%0.02%0.00%
Samvardhana Motherson International Ltd.
Auto Components
0.00%0.05%0.00%
The Phoenix Mills Limited
Realty
0.00%0.19%0.00%

Unique to HDFC Arbitrage

All top holdings are shared with the other fund.

Unique to Kotak Arbitrage

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
13.6% (12)
Finance
3.0% (13)
Petroleum Products
2.9% (4)
Ferrous Metals
2.8% (4)
Telecom - Services
2.8% (3)
Pharmaceuticals & Biotechnology
2.4% (12)
Automobiles
2.4% (6)
Power
2.2% (7)
Retailing
1.7% (4)
Cement & Cement Products
1.6% (4)
Diversified FMCG
1.3% (2)
Oil
0.8% (2)
Food Products
0.8% (2)
Construction
0.7% (1)
Consumer Durables
0.7% (7)
Transport Infrastructure
0.6% (2)
Electrical Equipment
0.6% (6)
Transport Services
0.6% (3)
IT - Software
0.6% (6)
Non - Ferrous Metals
0.6% (3)
Healthcare Services
0.5% (4)
Insurance
0.4% (5)
Financial Technology (Fintech)
0.4% (2)
Realty
0.4% (5)
Industrial Products
0.4% (3)
Aerospace & Defense
0.3% (2)
Auto Components
0.3% (6)
Fertilizers & Agrochemicals
0.3% (1)
Minerals & Mining
0.3% (1)
Agricultural Food & Other Products
0.3% (3)
Beverages
0.2% (2)
Leisure Services
0.1% (1)
Personal Products
0.1% (2)
Gas
0.1% (2)
Chemicals & Petrochemicals
0.1% (3)
Capital Markets
0.1% (5)
Diversified Metals
0.0% (1)
Industrial Manufacturing
0.0% (2)
Consumable Fuels
0.0% (1)
IT - Services
0.0% (1)

More comparisons for HDFC Arbitrage

More comparisons for Kotak Arbitrage

Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.