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19 of 78 unique stocks in common · Jaccard: 24.4%
A weighted portfolio overlap of 46.93% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹46.93 is allocated to the exact same companies at the same relative proportions. The schemes share 19 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 10.53% in SBI Nifty 50 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% | 10.53% |
| Bharti AirtelTelecom - Services | 7.42% | 5.19% |
| ICICI BankBanks | 5.10% | 8.30% |
| Larsen & ToubroConstruction | 4.47% | 4.43% |
| InfosysIT - Software | 4.71% | 3.76% |
| State Bank of IndiaBanks | 3.52% | 3.70% |
| Axis BankBanks | 4.18% | 3.41% |
| Bajaj FinanceFinance | 4.06% | 2.25% |
| Tata Consultancy ServicesIT - Software | 2.02% | 2.13% |
| EternalRetailing | 4.75% | 1.67% |
| Kotak Mahindra BankBanks | 1.30% | 2.62% |
| Ultratech CementCement & Cement Products | 3.73% | 1.26% |
| Shriram FinanceFinance | 3.46% | 1.23% |
| Hindustan UnileverDiversified FMCG | 1.17% | 1.77% |
| HCL TechnologiesIT - Software | 1.12% | 1.15% |
| Mahindra & MahindraAutomobiles | 0.91% | 2.52% |
| Maruti Suzuki IndiaAutomobiles | 0.89% | 1.59% |
| Tech MahindraIT - Software | 1.41% | 0.87% |
| NTPCPower | 0.79% | 1.70% |
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.