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13 of 87 unique stocks in common · Jaccard: 14.9%
A weighted portfolio overlap of 25.79% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.79 is allocated to the exact same companies at the same relative proportions. The schemes share 13 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 7.71% in SBI Large Cap 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% | 7.71% |
| Axis BankBanks | 4.19% | 3.30% |
| HDFC BankBanks | 2.64% | 8.42% |
| Avenue SupermartsRetailing | 1.99% | 2.33% |
| InfosysIT - Software | 1.77% | 3.86% |
| Mankind PharmaPharmaceuticals & Biotechnology | 1.53% | 1.81% |
| Reliance IndustriesPetroleum Products | 1.50% | 6.05% |
| EternalRetailing | 3.21% | 1.36% |
| ICICI Prudential Asset Management CompanyCapital Markets | 1.22% | 1.34% |
| ICICI Lombard General Insurance CompanyInsurance | 1.98% | 0.86% |
| Tech MahindraIT - Software | 0.76% | 1.80% |
| Ultratech CementCement & Cement Products | 1.90% | 0.74% |
| Brainbees SolutionsRetailing | 0.41% | 0.86% |
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.