Loading fund overlap…
6 of 87 unique stocks in common · Jaccard: 6.9%
A weighted portfolio overlap of 14.95% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.95 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 8.37% in Kotak Banking and Financial Services Fund and 18.34% in Kotak BSE PSU Index Fund. Holding both schemes increases your concentration in State Bank of India 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 Banking | in Kotak BSE |
|---|---|---|
| State Bank of IndiaBanks | 8.37% | 18.34% |
| Power Finance CorporationFinance | 2.24% | 2.85% |
| Bank of BarodaBanks | 1.99% | 2.29% |
| Indian BankBanks | 1.46% | 1.34% |
| Bank of MaharashtraBanks | 2.41% | 0.73% |
| The Jammu & Kashmir BankBanks | 2.02% | 0.28% |
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.