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17 of 113 unique stocks in common · Jaccard: 15%
A weighted portfolio overlap of 28.54% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.54 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.37% in Kotak Flexicap Fund and 7.18% in SBI Large and Midcap Fund. 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 | 5.37% | 7.18% |
| Axis BankBanks | 3.76% | 3.30% |
| State Bank of IndiaBanks | 4.19% | 2.81% |
| ICICI BankBanks | 5.04% | 2.65% |
| Reliance IndustriesPetroleum Products | 2.41% | 2.55% |
| Bharat ForgeAuto Components | 2.36% | 3.23% |
| Jindal SteelFerrous Metals | 4.19% | 2.18% |
| Indus TowersTelecom - Services | 1.05% | 1.58% |
| The Ramco CementsCement & Cement Products | 1.22% | 1.04% |
| InfosysIT - Software | 1.82% | 1.03% |
| Hindustan UnileverDiversified FMCG | 1.02% | 1.09% |
| AIA EngineeringIndustrial Products | 0.88% | 1.20% |
| Balkrishna IndustriesAuto Components | 0.68% | 1.62% |
| Tata Consultancy ServicesIT - Software | 1.07% | 0.50% |
| United BreweriesBeverages | 0.50% | 1.62% |
| Godrej Consumer ProductsPersonal Products | 0.47% | 1.23% |
| Torrent PowerPower | 0.29% | 1.82% |
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.