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15 of 119 unique stocks in common · Jaccard: 12.6%
A weighted portfolio overlap of 16.15% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.15 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 Bharti Airtel, which commands a weight of 5.66% in Kotak Equity Savings Fund and 2.91% in SBI Equity Hybrid Fund. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 5.66% | 2.91% |
| State Bank of IndiaBanks | 2.88% | 3.85% |
| ICICI BankBanks | 2.37% | 4.40% |
| HDFC BankBanks | 2.89% | 2.29% |
| Reliance IndustriesPetroleum Products | 1.44% | 2.23% |
| Larsen & ToubroConstruction | 1.20% | 2.31% |
| Bajaj FinanceFinance | 0.75% | 2.98% |
| ITCDiversified FMCG | 1.97% | 0.73% |
| Shree CementCement & Cement Products | 0.58% | 1.75% |
| SwiggyRetailing | 0.34% | 0.74% |
| Hindalco IndustriesNon - Ferrous Metals | 0.33% | 0.45% |
| InfosysIT - Software | 0.19% | 1.67% |
| Adani EnterprisesMetals & Minerals Trading | 0.10% | 2.55% |
| Varun BeveragesBeverages | 0.03% | 0.17% |
| Coal IndiaConsumable Fuels | 0.01% | 1.36% |
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.