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15 of 65 unique stocks in common · Jaccard: 23.1%
A weighted portfolio overlap of 40.13% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹40.13 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.80% in Kotak Focused 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 | 5.80% | 10.53% |
| ICICI BankBanks | 5.51% | 8.30% |
| Bharti AirtelTelecom - Services | 4.79% | 5.19% |
| Reliance IndustriesPetroleum Products | 4.05% | 8.25% |
| State Bank of IndiaBanks | 4.39% | 3.70% |
| Axis BankBanks | 3.03% | 3.41% |
| Larsen & ToubroConstruction | 2.65% | 4.43% |
| NTPCPower | 3.35% | 1.70% |
| EternalRetailing | 4.20% | 1.67% |
| Maruti Suzuki IndiaAutomobiles | 3.00% | 1.59% |
| Bharat ElectronicsAerospace & Defense | 3.60% | 1.36% |
| Ultratech CementCement & Cement Products | 2.82% | 1.26% |
| Shriram FinanceFinance | 4.66% | 1.23% |
| InterGlobe AviationTransport Services | 2.64% | 0.92% |
| Tech MahindraIT - Software | 2.56% | 0.87% |
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.