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18 of 59 unique stocks in common · Jaccard: 30.5%
A weighted portfolio overlap of 49.27% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹49.27 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 HDFC Bank, which commands a weight of 6.04% in Kotak ESG Exclusionary Strategy Fund and 12.80% in SBI BSE Sensex ETF. 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 | 6.04% | 12.80% |
| Bharti AirtelTelecom - Services | 7.42% | 5.89% |
| ICICI BankBanks | 5.10% | 10.14% |
| InfosysIT - Software | 4.71% | 4.56% |
| Larsen & ToubroConstruction | 4.47% | 5.38% |
| Axis BankBanks | 4.18% | 4.15% |
| State Bank of IndiaBanks | 3.52% | 4.52% |
| Bajaj FinanceFinance | 4.06% | 2.73% |
| EternalRetailing | 4.75% | 2.02% |
| Tata Consultancy ServicesIT - Software | 2.02% | 2.58% |
| Ultratech CementCement & Cement Products | 3.73% | 1.52% |
| Kotak Mahindra BankBanks | 1.30% | 3.19% |
| Hindustan UnileverDiversified FMCG | 1.17% | 2.16% |
| HCL TechnologiesIT - Software | 1.12% | 1.41% |
| Tech MahindraIT - Software | 1.41% | 1.07% |
| Mahindra & MahindraAutomobiles | 0.91% | 3.07% |
| Maruti Suzuki IndiaAutomobiles | 0.89% | 1.95% |
| NTPCPower | 0.79% | 2.07% |
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.