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42 of 162 unique stocks in common · Jaccard: 25.9%
A weighted portfolio overlap of 28.8% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.8 is allocated to the exact same companies at the same relative proportions. The schemes share 42 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 3.82% in SBI Balanced Advantage 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% | 3.82% |
| Reliance IndustriesPetroleum Products | 3.42% | 4.42% |
| HDFC BankBanks | 2.94% | 3.57% |
| Larsen & ToubroConstruction | 2.05% | 2.55% |
| EternalRetailing | 1.56% | 1.46% |
| Bharti AirtelTelecom - Services | 2.39% | 1.37% |
| Axis BankBanks | 1.33% | 1.85% |
| Mahindra & MahindraAutomobiles | 1.37% | 1.32% |
| Kotak Mahindra BankBanks | 1.20% | 1.07% |
| Maruti Suzuki IndiaAutomobiles | 1.32% | 0.87% |
| ITCDiversified FMCG | 0.81% | 1.21% |
| State Bank of IndiaBanks | 3.85% | 0.79% |
| Tech MahindraIT - Software | 0.79% | 2.14% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.71% | 1.77% |
| Power Grid Corporation of IndiaPower | 0.69% | 1.03% |
| United SpiritsBeverages | 0.56% | 0.80% |
| Indus TowersTelecom - Services | 0.41% | 1.95% |
| Titan CompanyConsumer Durables | 0.46% | 0.41% |
| Life Insurance Corporation Of IndiaInsurance | 0.37% | 0.48% |
| Carborundum UniversalIndustrial Products | 0.35% | 0.42% |
| Oil & Natural Gas CorporationOil | 0.32% | 0.64% |
| BioconPharmaceuticals & Biotechnology | 0.31% | 1.28% |
| Asian PaintsConsumer Durables | 0.25% | 0.82% |
| CiplaPharmaceuticals & Biotechnology | 0.25% | 0.72% |
| Tata Consultancy ServicesIT - Software | 0.71% | 0.25% |
| DLFRealty | 0.23% | 0.76% |
| Coal IndiaConsumable Fuels | 0.29% | 0.22% |
| Hindalco IndustriesNon - Ferrous Metals | 0.62% | 0.22% |
| Hindustan UnileverDiversified FMCG | 0.63% | 0.20% |
| ICICI Lombard General Insurance CompanyInsurance | 0.55% | 0.20% |
| Tata Motors Passenger VehiclesAutomobiles | 0.19% | 1.67% |
| Grasim IndustriesCement & Cement Products | 0.12% | 0.30% |
| InfosysIT - Software | 1.67% | 0.11% |
| Bank of BarodaBanks | 0.09% | 1.24% |
| Punjab National BankBanks | 0.08% | 1.82% |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | 0.07% | 0.23% |
| Cummins IndiaIndustrial Products | 0.07% | 0.59% |
| Shriram FinanceFinance | 0.57% | 0.04% |
| HCL TechnologiesIT - Software | 0.01% | 1.36% |
| HDFC Life Insurance CompanyInsurance | 0.29% | 0.01% |
| SBI Life Insurance CompanyInsurance | 0.01% | 0.03% |
| Tata SteelFerrous Metals | 0.01% | 1.78% |
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.