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25 of 177 unique stocks in common · Jaccard: 14.1%
A weighted portfolio overlap of 11.16% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.16 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 HDFC Bank, which commands a weight of 2.94% in Kotak Balanced Advantage Fund and 1.78% in SBI Multi Asset Allocation Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 2.94% | 1.78% |
| ICICI BankBanks | 5.18% | 1.61% |
| Kotak Mahindra BankBanks | 1.20% | 1.34% |
| Axis BankBanks | 1.33% | 1.12% |
| Reliance IndustriesPetroleum Products | 3.42% | 1.05% |
| Coromandel InternationalFertilizers & Agrochemicals | 0.79% | 0.55% |
| State Bank of IndiaBanks | 3.85% | 0.48% |
| ITCDiversified FMCG | 0.81% | 0.46% |
| Mahindra Lifespace DevelopersRealty | 0.43% | 0.75% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.43% | 0.42% |
| Indus TowersTelecom - Services | 0.41% | 1.52% |
| Oil & Natural Gas CorporationOil | 0.32% | 1.27% |
| BioconPharmaceuticals & Biotechnology | 0.31% | 1.56% |
| Life Insurance Corporation Of IndiaInsurance | 0.37% | 0.20% |
| InfosysIT - Software | 1.67% | 0.19% |
| Bharti AirtelTelecom - Services | 2.39% | 0.14% |
| Deepak NitriteChemicals & Petrochemicals | 0.13% | 0.42% |
| Hindustan AeronauticsAerospace & Defense | 0.11% | 0.46% |
| Bank of BarodaBanks | 0.09% | 0.44% |
| Punjab National BankBanks | 0.08% | 1.15% |
| Varun BeveragesBeverages | 0.04% | 0.73% |
| HCL TechnologiesIT - Software | 0.01% | 0.49% |
| KusumgarTextiles & Apparels | 0.08% | 0.01% |
| Steel Authority of IndiaFerrous Metals | 0.01% | 0.58% |
| Tata SteelFerrous Metals | 0.01% | 0.17% |
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.