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15 of 128 unique stocks in common · Jaccard: 11.7%
A weighted portfolio overlap of 24.67% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.67 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.14% in Kotak Contra Fund and 4.43% in SBI Contra 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 | 6.14% | 4.43% |
| HDFC BankBanks | 4.18% | 4.72% |
| Reliance IndustriesPetroleum Products | 2.84% | 4.80% |
| Tech MahindraIT - Software | 2.28% | 1.81% |
| Indus TowersTelecom - Services | 1.70% | 2.60% |
| State Bank of IndiaBanks | 3.30% | 1.60% |
| Bharti AirtelTelecom - Services | 2.59% | 1.29% |
| Axis BankBanks | 1.42% | 1.25% |
| Maruti Suzuki IndiaAutomobiles | 2.22% | 1.16% |
| Tata SteelFerrous Metals | 1.08% | 2.05% |
| Larsen & ToubroConstruction | 2.50% | 0.82% |
| Hindalco IndustriesNon - Ferrous Metals | 0.79% | 1.14% |
| InfosysIT - Software | 1.79% | 0.65% |
| ITCDiversified FMCG | 0.57% | 1.81% |
| Hero MotoCorpAutomobiles | 2.62% | 0.50% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.