Kotak Arbitrage Fund vs NIPPON INDIA ARBITRAGE FUND

Kotak vs Nippon· Portfolio Overlap Analysis

47.8%High Overlap
151 common stocksRank #12404 / 20,000

Investor takeaway: At 47.8% 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 (151)

StockWt% in Kotak ArbitrageWt% in NIPPON INDIA ARBITRAGEOverlap
HDFC BANK LTD.
Banks
6.93%5.03%5.03%
ICICI BANK LTD.
Banks
2.90%3.51%2.90%
RELIANCE INDUSTRIES LTD.
Petroleum Products
2.50%2.92%2.50%
JSW Steel Ltd.
Ferrous Metals
1.99%2.05%1.99%
BHARTI AIRTEL LTD.
Telecom - Services
1.80%2.60%1.80%
ETERNAL LIMITED
Retailing
1.51%2.32%1.51%
AXIS BANK LTD.
Banks
1.47%2.15%1.47%
Vodafone Idea Ltd
Telecom - Services
1.51%1.35%1.35%
KOTAK MAHINDRA BANK LTD.
Banks
1.58%1.18%1.18%
Grasim Industries Ltd.
Cement and Cement Products
1.15%1.78%1.15%
SUN PHARMACEUTICAL INDUSTRIES LTD.
Pharmaceuticals and Biotechnology
0.97%1.03%0.97%
JIO FINANCIAL SERVICES LTD
Finance
0.83%1.47%0.83%
ITC Ltd.
Diversified FMCG
1.29%0.75%0.75%
Mahindra & Mahindra Ltd.
Automobiles
0.73%1.49%0.73%
Indus Towers Ltd.
Telecom - Services
0.72%0.85%0.72%
Tata Steel Ltd.
Ferrous Metals
0.74%0.68%0.68%
Maruti Suzuki India Limited
Automobiles
0.63%1.06%0.63%
Bharat Heavy Electricals Ltd.
Electrical Equipment
0.61%0.62%0.61%
Adani Ports and Special Economic Zone Limited
Transport Infrastructure
0.60%0.87%0.60%
Laurus Labs Ltd
Pharmaceuticals and Biotechnology
0.52%0.71%0.52%
ADANI ENERGY SOLUTIONS LTD.
Power
0.52%0.58%0.52%
One 97 Communications Ltd
Financial Technology (Fintech)
0.50%0.53%0.50%
Aurobindo Pharma Ltd.
Pharmaceuticals and Biotechnology
0.48%0.78%0.48%
AMBUJA CEMENTS LTD.
Cement and Cement Products
0.45%0.74%0.45%
Steel Authority of India Ltd.
Ferrous Metals
0.44%1.03%0.44%
Max Financial Services Ltd
Insurance
0.52%0.41%0.41%
PUNJAB NATIONAL BANK
Banks
0.41%0.44%0.41%
TITAN COMPANY LTD.
Consumer Durables
0.41%0.54%0.41%
Eicher Motors Ltd.
Automobiles
0.43%0.40%0.40%
Hindustan Zinc Ltd.
Non - Ferrous Metals
0.65%0.39%0.39%
REC LTD
Finance
0.72%0.35%0.35%
Oil And Natural Gas Corporation Ltd.
Oil
0.74%0.34%0.34%
Adani Green Energy Ltd.
Power
0.35%0.34%0.34%
Nestle India Ltd.
Food Products
0.34%0.39%0.34%
NTPC LTD
Power
1.01%0.33%0.33%
Dr.Reddy's Laboratories Ltd.
Pharmaceuticals and Biotechnology
0.44%0.33%0.33%
SBI Life Insurance Company Ltd
Insurance
0.45%0.32%0.32%
YES Bank Ltd.
Banks
0.32%0.47%0.32%
Ultratech Cement Ltd.
Cement and Cement Products
0.32%0.76%0.32%
Divis Laboratories Ltd.
Pharmaceuticals and Biotechnology
0.32%0.42%0.32%
Bajaj Finserv Ltd.
Finance
0.71%0.31%0.31%
ICICI Prudential Life Insurance Co. Ltd.
Insurance
0.38%0.30%0.30%
Apollo Hospitals Enterprise Ltd.
Healthcare Services
0.81%0.29%0.29%
Larsen and Toubro Ltd.
Construction
0.73%0.29%0.29%
Power Grid Corporation of India Ltd.
Power
0.53%0.29%0.29%
UPL Ltd
Fertilizers and Agrochemicals
0.27%0.39%0.27%
NMDC Ltd.
Minerals and Mining
0.27%0.60%0.27%
LIC HOUSING FINANCE LTD.
Finance
0.27%0.41%0.27%
GAIL (India) Ltd.
Gas
0.64%0.25%0.25%
Glenmark Pharmaceuticals Ltd
Pharmaceuticals and Biotechnology
0.25%0.78%0.25%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.
Finance
0.98%0.24%0.24%
DLF LIMITED
Realty
0.24%0.65%0.24%
Inter Globe Aviation Ltd
Transport Services
0.24%0.65%0.24%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.32%0.23%0.23%
polycab India Limited
Industrial Products
0.23%0.40%0.23%
VEDANTA LTD.
Diversified Metals
0.97%0.22%0.22%
DELHIVERY LTD
Transport Services
0.40%0.22%0.22%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.22%0.44%0.22%
Indiabulls Housing Finance Ltd.
Finance
0.21%0.55%0.21%
SHRIRAM FINANCE LIMITED
Finance
0.21%0.58%0.21%
Container Corporation of India Ltd.
Transport Services
0.21%1.02%0.21%
IDFC FIRST BANK LIMITED
Banks
0.21%0.21%0.21%
MUTHOOT FINANCE LTD.
Finance
0.30%0.19%0.19%
STATE BANK OF INDIA.
Banks
0.49%0.18%0.18%
Hero MotoCorp Ltd.
Automobiles
0.39%0.18%0.18%
BANDHAN BANK LIMITED
Banks
0.31%0.18%0.18%
Manappuram Finance Ltd.
Finance
0.25%0.18%0.18%
Fortis Healthcare India Ltd
Healthcare Services
0.23%0.18%0.18%
BAJAJ FINANCE LTD.
Finance
0.40%0.16%0.16%
PHOENIX MILLS LTD.
Realty
0.19%0.16%0.16%
Ruchi Soya Industries Ltd.
Agricultural Food and other Product
0.16%0.94%0.16%
Bharat Electronics Ltd.
Aerospace and Defense
0.16%0.70%0.16%
Coforge Limited
IT - Software
0.71%0.15%0.15%
Hindustan Aeronautics Ltd.
Aerospace and Defense
0.60%0.15%0.15%
Suzlon Energy Ltd.
Electrical Equipment
0.29%0.15%0.15%
Havells India Ltd.
Consumer Durables
0.15%0.21%0.15%
Varun Beverages Limited
Beverages
0.15%0.21%0.15%
Cummins India Ltd.
Industrial Products
0.35%0.14%0.14%
Exide Industries Ltd.
Auto Components
0.15%0.14%0.14%
TATA CONSUMER PRODUCTS LTD.
Agricultural Food and other Product
0.48%0.13%0.13%
Lupin Ltd.
Pharmaceuticals and Biotechnology
0.13%0.13%0.13%
Minda Industries Ltd.
Auto Components
0.34%0.12%0.12%
GMR AIRPORTS LIMITED
Transport Infrastructure
0.22%0.12%0.12%
BIOCON LTD.
Pharmaceuticals and Biotechnology
0.12%0.27%0.12%
Britannia Industries Ltd.
Food Products
0.69%0.11%0.11%
PB Fintech Ltd.
Financial Technology (Fintech)
0.44%0.11%0.11%
Tech Mahindra Ltd.
IT - Software
0.39%0.11%0.11%
Tata Power Company Ltd.
Power
0.26%0.11%0.11%
Mphasis Ltd
IT - Software
0.10%0.16%0.10%
APL Apollo Tubes Ltd
Industrial Products
0.10%0.12%0.10%
HDFC Life Insurance Company Ltd
Insurance
0.41%0.09%0.09%
BHARAT PETROLEUM CORPORATION LTD.
Petroleum Products
0.22%0.09%0.09%
BANK OF BARODA
Banks
0.12%0.09%0.09%
Solar Industries India Limited
Chemicals and Petrochemicals
0.12%0.09%0.09%
Info Edge India Ltd.
Retailing
0.11%0.09%0.09%
Dixon Technologies India Ltd
Consumer Durables
0.09%0.14%0.09%
Sona BLW Precision Forgings Ltd
Auto Components
0.09%0.27%0.09%
INOX WIND LIMITED
Electrical Equipment
0.09%0.09%0.09%
TATA MOTORS PASSENGER VEHICLES LTD
Automobiles
0.09%0.14%0.09%
KAYNES TECHNOLOGY LTD
Industrial Manufacturing
0.09%0.24%0.09%
MACROTECH DEVELOPERS LTD
Realty
0.11%0.08%0.08%
Asian Paints(India) Ltd.
Consumer Durables
0.08%0.32%0.08%
Dalmia Bharat Limited
Cement and Cement Products
0.08%0.21%0.08%
Trent Ltd
Retailing
0.08%0.12%0.08%
CANARA BANK
Banks
0.30%0.07%0.07%
Syngene International Limited
Healthcare Services
0.09%0.07%0.07%
PNB HOUSING FINANCE LTD.
Finance
0.07%0.10%0.07%
KALYAN JEWELLERS INDIA LTD.
Consumer Durables
0.07%0.08%0.07%
Jindal Steel & Power Ltd
Ferrous Metals
0.07%0.06%0.06%
MARICO LTD.
Agricultural Food and other Product
0.06%0.71%0.06%
INDIAN OIL CORPORATION LTD.
Petroleum Products
0.06%0.08%0.06%
National Aluminium Company Ltd.
Non - Ferrous Metals
0.36%0.05%0.05%
HINDUSTAN PETROLEUM CORPORATION LTD.
Petroleum Products
0.24%0.05%0.05%
Dabur India Ltd.
Personal Products
0.23%0.05%0.05%
Power Finance Corporation Ltd.
Finance
0.22%0.05%0.05%
HDFC ASSET MANAGEMENT COMPANY LTD.
Capital Markets
0.12%0.05%0.05%
Zydus Lifesciences Ltd.
Pharmaceuticals and Biotechnology
0.07%0.05%0.05%
SAMVARDHANA MOTHERSON INTERNATIONAL LTD
Auto Components
0.05%0.27%0.05%
FSN E-Commerce Ventures Ltd.
Retailing
0.31%0.04%0.04%
Coal India Limited
Consumable Fuels
0.29%0.04%0.04%
Bosch Limited
Auto Components
0.20%0.04%0.04%
KPIT Technologies Ltd.
IT - Software
0.04%0.13%0.04%
NBCC (India) Ltd
Construction
0.04%0.11%0.04%
United Spirits Ltd
Beverages
0.04%0.14%0.04%
BHARAT FORGE LTD.
Auto Components
0.04%0.32%0.04%
BANK OF INDIA
Banks
0.04%0.15%0.04%
Life Insurance Corporation Of India
Insurance
0.12%0.03%0.03%
INDIAN HOTELS CO LTD
Leisure Services
0.09%0.03%0.03%
PG ELECTROPLAST LTD
Consumer Durables
0.05%0.03%0.03%
BLUE STAR LTD.
Consumer Durables
0.05%0.03%0.03%
ABB India Ltd.
Electrical Equipment
0.19%0.02%0.02%
Prestige Estates Projects Limited
Realty
0.16%0.02%0.02%
Bajaj Holdings and Investment Ltd
Finance
0.10%0.02%0.02%
MAZAGOAN DOCK SHIPBUILDERS LTD.
Industrial Manufacturing
0.02%0.06%0.02%
Hindustan Unilever Ltd.
Diversified FMCG
0.02%0.08%0.02%
Cipla Ltd.
Pharmaceuticals and Biotechnology
0.02%0.10%0.02%
HITACHI ENERGY INDIA LTD.
Electrical Equipment
0.02%0.10%0.02%
RBL BANK LTD.
Banks
0.02%0.32%0.02%
NHPC Ltd.
Power
0.27%0.01%0.01%
360 ONE WAM LIMITED
Capital Markets
0.02%0.01%0.01%
Petronet LNG Ltd.
Gas
0.01%0.19%0.01%
TATA TECHNOLOGIES LTD
IT - Services
0.01%0.01%0.01%
TVS Motor Company Ltd.
Automobiles
0.70%0.00%0.00%
SRF LTD.
Chemicals and Petrochemicals
0.13%0.00%0.00%
Alkem Laboratories Ltd.
Pharmaceuticals and Biotechnology
0.10%0.00%0.00%
ANGEL ONE LIMITED
Capital Markets
0.03%0.00%0.00%
JSW ENERGY LTD.
Power
0.03%0.00%0.00%
Pidilite Industries Ltd.
Chemicals and Petrochemicals
0.00%0.14%0.00%
TATA CONSULTANCY SERVICES LTD.
IT - Software
0.00%0.20%0.00%
Tube Investments Of India Ltd.
Auto Components
0.00%0.43%0.00%
PREMIER ENERGIES LIMITED
Electrical Equipment
0.00%0.00%0.00%

Unique to Kotak Arbitrage

All top holdings are shared with the other fund.

Unique to NIPPON INDIA ARBITRAGE

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
12.1% (13)
Telecom - Services
3.9% (3)
Pharmaceuticals and Biotechnology
3.2% (11)
Ferrous Metals
3.2% (4)
Finance
3.1% (13)
Petroleum Products
2.7% (4)
Automobiles
2.0% (6)
Cement and Cement Products
2.0% (4)
Retailing
1.7% (4)
Power
1.6% (7)
Insurance
1.1% (5)
Consumer Durables
1.1% (8)
Electrical Equipment
0.9% (6)
Diversified FMCG
0.8% (2)
Transport Infrastructure
0.7% (2)
Non - Ferrous Metals
0.7% (3)
Transport Services
0.7% (3)
Financial Technology (Fintech)
0.6% (2)
Healthcare Services
0.5% (3)
Realty
0.5% (4)
Auto Components
0.5% (7)
Industrial Products
0.5% (3)
Food Products
0.5% (2)
IT - Software
0.4% (5)
Agricultural Food and other Product
0.3% (3)
Oil
0.3% (1)
Construction
0.3% (2)
Aerospace and Defense
0.3% (2)
Fertilizers and Agrochemicals
0.3% (1)
Minerals and Mining
0.3% (1)
Gas
0.3% (2)
Diversified Metals
0.2% (1)
Beverages
0.2% (2)
Industrial Manufacturing
0.1% (2)
Chemicals and Petrochemicals
0.1% (3)
Capital Markets
0.1% (3)
Personal Products
0.1% (1)
Consumable Fuels
0.0% (1)
Leisure Services
0.0% (1)
IT - Services
0.0% (1)

More comparisons for Kotak Arbitrage

More comparisons for NIPPON INDIA ARBITRAGE

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