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11 of 100 unique stocks in common · Jaccard: 11%
A weighted portfolio overlap of 18.25% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.25 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 2.94% in SBI MultiCap 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% | 2.94% |
| HDFC BankBanks | 2.64% | 3.55% |
| Krishna Institute Of Medical SciencesHealthcare Services | 3.58% | 2.13% |
| Axis BankBanks | 4.19% | 1.97% |
| Kalpataru Projects InternationalConstruction | 1.63% | 1.66% |
| Reliance IndustriesPetroleum Products | 1.50% | 3.19% |
| InfosysIT - Software | 1.77% | 1.45% |
| Vishal Mega MartRetailing | 2.43% | 1.42% |
| Aptus Value Housing Finance IndiaFinance | 1.22% | 1.20% |
| EternalRetailing | 3.21% | 0.99% |
| Brainbees SolutionsRetailing | 0.41% | 0.38% |
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.