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18 of 82 unique stocks in common · Jaccard: 22%
A weighted portfolio overlap of 34.54% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹34.54 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.07% in Kotak Dividend Yield Fund and 6.12% in SBI Dividend Yield 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 | 5.07% | 6.12% |
| Larsen & ToubroConstruction | 3.29% | 4.08% |
| State Bank of IndiaBanks | 3.02% | 4.20% |
| Axis BankBanks | 2.27% | 2.17% |
| Maruti Suzuki IndiaAutomobiles | 2.17% | 2.37% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.56% | 1.95% |
| InfosysIT - Software | 1.69% | 3.00% |
| Cholamandalam Investment and Finance CompanyFinance | 1.68% | 2.11% |
| Tata SteelFerrous Metals | 2.04% | 1.68% |
| NTPCPower | 3.15% | 1.61% |
| Tata Consultancy ServicesIT - Software | 1.56% | 3.06% |
| Tech MahindraIT - Software | 1.36% | 1.95% |
| Britannia IndustriesFood Products | 1.76% | 1.35% |
| Bharti AirtelTelecom - Services | 3.26% | 1.32% |
| Ultratech CementCement & Cement Products | 2.11% | 1.31% |
| Bank of BarodaBanks | 2.09% | 1.24% |
| TVS Motor CompanyAutomobiles | 1.91% | 1.14% |
| Oil & Natural Gas CorporationOil | 0.93% | 2.63% |
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.