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14 of 96 unique stocks in common · Jaccard: 14.6%
A weighted portfolio overlap of 24.4% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.4 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 4.00% in Kotak Large & Midcap Fund and 3.79% in SBI Equity Hybrid Fund. Holding both schemes increases your concentration in State Bank of India 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 |
|---|---|---|
| State Bank of IndiaBanks | 4.00% | 3.79% |
| ICICI BankBanks | 2.92% | 4.04% |
| Larsen & ToubroConstruction | 2.50% | 2.50% |
| HDFC BankBanks | 4.82% | 2.39% |
| Bharti AirtelTelecom - Services | 2.31% | 3.27% |
| Bajaj FinanceFinance | 2.03% | 2.49% |
| Reliance IndustriesPetroleum Products | 1.58% | 2.36% |
| InfosysIT - Software | 1.54% | 1.65% |
| InterGlobe AviationTransport Services | 1.02% | 2.25% |
| Jindal SteelFerrous Metals | 2.08% | 1.01% |
| Kotak Mahindra BankBanks | 0.92% | 3.20% |
| Oberoi RealtyRealty | 0.91% | 0.91% |
| NTPCPower | 1.09% | 0.88% |
| SwiggyRetailing | 0.60% | 0.71% |
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.