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25 of 149 unique stocks in common · Jaccard: 16.8%
A weighted portfolio overlap of 29.63% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.63 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.18% in Kotak Balanced Advantage Fund and 4.43% in SBI Aggressive 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 | 5.18% | 4.43% |
| State Bank of IndiaBanks | 3.85% | 3.95% |
| Bharti AirtelTelecom - Services | 2.39% | 2.25% |
| HDFC BankBanks | 2.94% | 2.16% |
| Reliance IndustriesPetroleum Products | 3.42% | 2.16% |
| Larsen & ToubroConstruction | 2.05% | 2.35% |
| Bajaj FinanceFinance | 1.85% | 2.74% |
| InfosysIT - Software | 1.67% | 1.66% |
| Solar Industries IndiaChemicals & Petrochemicals | 1.63% | 4.06% |
| Kotak Mahindra BankBanks | 1.20% | 3.31% |
| Adani EnterprisesMetals & Minerals Trading | 0.98% | 2.41% |
| Interglobe AviationTransport Services | 0.92% | 2.36% |
| Tata Consultancy ServicesIT - Software | 0.71% | 1.89% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.71% | 0.67% |
| ITCDiversified FMCG | 0.81% | 0.66% |
| Oberoi RealtyRealty | 0.52% | 0.61% |
| Life Insurance Corporation Of IndiaInsurance | 0.37% | 2.36% |
| Jindal SteelFerrous Metals | 0.36% | 0.94% |
| Coal IndiaConsumable Fuels | 0.29% | 0.86% |
| Asian PaintsConsumer Durables | 0.25% | 1.65% |
| Adani Energy SolutionsPower | 0.23% | 3.04% |
| DLFRealty | 0.23% | 1.01% |
| Page IndustriesTextiles & Apparels | 0.15% | 1.28% |
| Varun BeveragesBeverages | 0.04% | 0.15% |
| Max Healthcare InstituteHealthcare Services | 0.01% | 0.82% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.