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7 of 77 unique stocks in common · Jaccard: 9.1%
A weighted portfolio overlap of 15.94% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.94 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 3.61% in Kotak Manufacture In India Fund and 10.08% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 3.61% | 10.08% |
| Mahindra & MahindraAutomobiles | 4.16% | 3.07% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 4.59% | 2.19% |
| Maruti Suzuki IndiaAutomobiles | 3.11% | 1.95% |
| Tata SteelFerrous Metals | 4.40% | 1.94% |
| Bharat ElectronicsAerospace & Defense | 3.03% | 1.66% |
| Ultratech CementCement & Cement Products | 1.78% | 1.52% |
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.