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18 of 110 unique stocks in common · Jaccard: 16.4%
A weighted portfolio overlap of 31.78% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.78 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 ICICI Bank, which commands a weight of 5.04% in Kotak Flexicap Fund and 5.50% in SBI Flexicap 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 | 5.04% | 5.50% |
| HDFC BankBanks | 5.37% | 4.24% |
| Larsen & ToubroConstruction | 3.94% | 4.04% |
| Axis BankBanks | 3.76% | 4.49% |
| State Bank of IndiaBanks | 4.19% | 2.15% |
| Reliance IndustriesPetroleum Products | 2.41% | 1.93% |
| InfosysIT - Software | 1.82% | 2.07% |
| NTPCPower | 1.48% | 3.21% |
| Shriram FinanceFinance | 1.04% | 1.25% |
| Bharat Petroleum CorporationPetroleum Products | 1.03% | 1.99% |
| Bharti AirtelTelecom - Services | 2.90% | 0.99% |
| Kotak Mahindra BankBanks | 1.30% | 0.99% |
| Maruti Suzuki IndiaAutomobiles | 1.92% | 0.97% |
| AIA EngineeringIndustrial Products | 0.88% | 1.10% |
| Max Financial ServicesInsurance | 0.82% | 2.22% |
| EternalRetailing | 3.20% | 0.46% |
| SwiggyRetailing | 0.18% | 1.01% |
| Torrent PowerPower | 0.29% | 0.06% |
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.