Loading fund overlap…
14 of 88 unique stocks in common · Jaccard: 15.9%
A weighted portfolio overlap of 21.9% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.9 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.34% in Kotak Aggressive Hybrid Fund and 4.40% in SBI Equity Hybrid Fund. Holding both schemes increases your concentration in ICICI Bank rather than expanding your diversification.
If the overlap is above 30%, it is typically because both schemes benchmark to the same index (e.g. Nifty 50 or Nifty LargeMidcap 250) or overlap in their top large-cap picks. To improve your portfolio's diversification, consider allocating one of these tranches to a category with lower structural correlation (such as a mid-cap, small-cap, or international equity fund).
| Stock | in Kotak | in SBI |
|---|---|---|
| ICICI BankBanks | 3.34% | 4.40% |
| State Bank of IndiaBanks | 3.01% | 3.85% |
| Bharti AirtelTelecom - Services | 3.41% | 2.91% |
| Bajaj FinanceFinance | 2.47% | 2.98% |
| HDFC BankBanks | 3.41% | 2.29% |
| InfosysIT - Software | 1.64% | 1.67% |
| Solar Industries IndiaChemicals & Petrochemicals | 1.37% | 3.74% |
| Jindal SteelFerrous Metals | 1.07% | 0.88% |
| Vishal Mega MartRetailing | 1.13% | 0.85% |
| Reliance IndustriesPetroleum Products | 0.77% | 2.23% |
| SwiggyRetailing | 1.05% | 0.74% |
| Oberoi RealtyRealty | 0.61% | 0.93% |
| Max Healthcare InstituteHealthcare Services | 0.54% | 0.87% |
| MRFAuto Components | 0.48% | 2.56% |
Weighted overlap = Σ min(weight in fund A, weight in fund B) across shared stocks, from each fund's latest public monthly portfolio (as on Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.