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7 of 119 unique stocks in common · Jaccard: 5.9%
A weighted portfolio overlap of 7.48% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.48 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 Vishal Mega Mart, which commands a weight of 2.67% in Kotak Midcap Fund and 1.42% in SBI MultiCap Fund. Holding both schemes increases your concentration in Vishal Mega Mart 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 |
|---|---|---|
| Vishal Mega MartRetailing | 2.67% | 1.42% |
| Blue StarConsumer Durables | 1.30% | 1.72% |
| Dalmia BharatCement & Cement Products | 1.25% | 2.37% |
| The Federal BankBanks | 2.14% | 1.25% |
| EternalRetailing | 2.04% | 0.99% |
| Nippon Life India Asset ManagementCapital Markets | 1.62% | 0.88% |
| Persistent SystemsIT - Software | 1.62% | 0.39% |
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.