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8 of 69 unique stocks in common · Jaccard: 11.6%
A weighted portfolio overlap of 16.64% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.64 is allocated to the exact same companies at the same relative proportions. The schemes share 8 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 6.90% in SBI Long Term Advantage Fund - Series IV. 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% | 6.90% |
| SBI Life Insurance CompanyInsurance | 1.94% | 1.91% |
| InfosysIT - Software | 1.77% | 3.85% |
| Kalpataru Projects InternationalConstruction | 1.63% | 2.73% |
| Reliance IndustriesPetroleum Products | 1.50% | 3.73% |
| Aptus Value Housing Finance IndiaFinance | 1.22% | 2.31% |
| Tenneco Clean Air IndiaAuto Components | 0.95% | 3.60% |
| Tech MahindraIT - Software | 0.76% | 3.88% |
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.