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11 of 79 unique stocks in common · Jaccard: 13.9%
A weighted portfolio overlap of 24.62% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.62 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.10% in Kotak ESG Exclusionary Strategy 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 | 5.10% | 4.04% |
| State Bank of IndiaBanks | 3.52% | 3.79% |
| Bharti AirtelTelecom - Services | 7.42% | 3.27% |
| Larsen & ToubroConstruction | 4.47% | 2.50% |
| Bajaj FinanceFinance | 4.06% | 2.49% |
| HDFC BankBanks | 6.04% | 2.39% |
| InfosysIT - Software | 4.71% | 1.65% |
| Avenue SupermartsRetailing | 1.81% | 1.59% |
| Kotak Mahindra BankBanks | 1.30% | 3.20% |
| Tata Consultancy ServicesIT - Software | 2.02% | 1.08% |
| NTPCPower | 0.79% | 0.88% |
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.