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15 of 76 unique stocks in common · Jaccard: 19.7%
A weighted portfolio overlap of 30.23% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.23 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 5.07% in Kotak Dividend Yield Fund and 4.04% in SBI Equity Hybrid 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% | 4.04% |
| Bharti AirtelTelecom - Services | 3.26% | 3.27% |
| State Bank of IndiaBanks | 3.02% | 3.79% |
| Solar Industries IndiaChemicals & Petrochemicals | 2.92% | 3.89% |
| Larsen & ToubroConstruction | 3.29% | 2.50% |
| HDFC BankBanks | 5.13% | 2.39% |
| Reliance IndustriesPetroleum Products | 3.49% | 2.36% |
| Coal IndiaConsumable Fuels | 1.77% | 1.80% |
| InfosysIT - Software | 1.69% | 1.65% |
| Hindalco IndustriesNon - Ferrous Metals | 1.46% | 1.74% |
| Bajaj FinanceFinance | 1.31% | 2.49% |
| Tata Consultancy ServicesIT - Software | 1.56% | 1.08% |
| NTPCPower | 3.15% | 0.88% |
| Max Healthcare InstituteHealthcare Services | 2.52% | 0.80% |
| MRFAuto Components | 0.79% | 2.50% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.