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11 of 81 unique stocks in common · Jaccard: 13.6%
A weighted portfolio overlap of 16.3% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.3 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 7.96% in Kotak Business Cycle Fund and 4.04% in SBI Equity 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 | 7.96% | 4.04% |
| HDFC BankBanks | 2.64% | 2.39% |
| InfosysIT - Software | 1.77% | 1.65% |
| Avenue SupermartsRetailing | 1.99% | 1.59% |
| Reliance IndustriesPetroleum Products | 1.50% | 2.36% |
| Lenskart SolutionsRetailing | 2.26% | 1.43% |
| Vishal Mega MartRetailing | 2.43% | 1.01% |
| Oberoi RealtyRealty | 1.47% | 0.91% |
| NTPCPower | 1.36% | 0.88% |
| ITCDiversified FMCG | 0.82% | 0.79% |
| Brainbees SolutionsRetailing | 0.41% | 0.11% |
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.