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51 of 165 unique stocks in common · Jaccard: 30.9%
A weighted portfolio overlap of 29.37% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.37 is allocated to the exact same companies at the same relative proportions. The schemes share 51 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 3.56% in Kotak Balanced Advantage Fund and 4.98% in SBI Balanced Advantage Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 3.56% | 4.98% |
| ICICI BankBanks | 3.79% | 3.39% |
| HDFC BankBanks | 2.97% | 4.04% |
| Larsen & ToubroConstruction | 2.15% | 2.91% |
| Mahindra & MahindraAutomobiles | 1.46% | 1.64% |
| Bharti AirtelTelecom - Services | 2.28% | 1.42% |
| Axis BankBanks | 1.37% | 1.91% |
| EternalRetailing | 1.39% | 1.23% |
| Kotak Mahindra BankBanks | 1.12% | 1.01% |
| Maruti Suzuki IndiaAutomobiles | 1.30% | 0.92% |
| ITCDiversified FMCG | 0.90% | 1.40% |
| Power Grid Corporation of IndiaPower | 0.84% | 1.16% |
| State Bank of IndiaBanks | 3.43% | 0.74% |
| Tech MahindraIT - Software | 0.74% | 2.00% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.72% | 1.65% |
| United SpiritsBeverages | 0.56% | 0.71% |
| Bharat Petroleum CorporationPetroleum Products | 0.80% | 0.52% |
| Indus TowersTelecom - Services | 0.51% | 1.53% |
| Oil & Natural Gas CorporationOil | 0.35% | 0.77% |
| Carborundum UniversalIndustrial Products | 0.33% | 0.40% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.33% | 0.99% |
| ICICI Lombard General Insurance CompanyInsurance | 0.64% | 0.27% |
| Asian PaintsConsumer Durables | 0.26% | 1.15% |
| CiplaPharmaceuticals & Biotechnology | 0.26% | 0.74% |
| Coal IndiaConsumable Fuels | 0.33% | 0.25% |
| Hindalco IndustriesNon - Ferrous Metals | 0.80% | 0.25% |
| Tata Motors Passenger VehiclesAutomobiles | 0.25% | 2.19% |
| Tata Consultancy ServicesIT - Software | 0.68% | 0.24% |
| Hindustan UnileverDiversified FMCG | 0.69% | 0.22% |
| Titan CompanyConsumer Durables | 0.18% | 0.41% |
| Shriram FinanceFinance | 0.49% | 0.16% |
| Grasim IndustriesCement & Cement Products | 0.14% | 0.29% |
| Bank of BarodaBanks | 0.11% | 1.43% |
| DLFRealty | 0.11% | 0.67% |
| Cholamandalam Investment and Finance CompanyFinance | 0.09% | 0.93% |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | 0.08% | 0.24% |
| Cummins IndiaIndustrial Products | 0.08% | 0.69% |
| Punjab National BankBanks | 0.08% | 1.74% |
| ICICI Prudential Asset Management CompanyCapital Markets | 0.08% | 0.07% |
| InfosysIT - Software | 0.05% | 0.11% |
| Nestle IndiaFood Products | 0.05% | 0.15% |
| Tata SteelFerrous Metals | 0.03% | 2.07% |
| Bharat ElectronicsAerospace & Defense | 0.41% | 0.02% |
| HDFC Life Insurance CompanyInsurance | 0.32% | 0.02% |
| Jindal SteelFerrous Metals | 0.37% | 0.02% |
| BioconPharmaceuticals & Biotechnology | 0.01% | 1.37% |
| GAIL (India)Gas | 0.01% | 2.44% |
| One 97 CommunicationsFinancial Technology (Fintech) | 0.72% | 0.01% |
| Sona BLW Precision ForgingsAuto Components | 0.01% | 0.58% |
| Tata Consumer ProductsAgricultural Food & Other Products | 0.04% | 0.01% |
| UPLFertilizers & Agrochemicals | 0.01% | 0.25% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.