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12 of 73 unique stocks in common · Jaccard: 16.4%
A weighted portfolio overlap of 8.5% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.5 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 1.22% in Kotak Debt Hybrid Fund and 2.39% in SBI Equity Hybrid Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 1.22% | 2.39% |
| State Bank of IndiaBanks | 1.19% | 3.79% |
| Bharti AirtelTelecom - Services | 1.05% | 3.27% |
| ICICI BankBanks | 1.03% | 4.04% |
| Reliance IndustriesPetroleum Products | 0.91% | 2.36% |
| NTPCPower | 1.25% | 0.88% |
| Max Healthcare InstituteHealthcare Services | 0.51% | 0.80% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.44% | 2.62% |
| InterGlobe AviationTransport Services | 0.38% | 2.25% |
| SwiggyRetailing | 0.34% | 0.71% |
| InfosysIT - Software | 0.33% | 1.65% |
| ITCDiversified FMCG | 0.22% | 0.79% |
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.