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12 of 97 unique stocks in common · Jaccard: 12.4%
A weighted portfolio overlap of 12.69% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.69 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 3.60% in Kotak Multi Asset Allocation Fund and 3.95% in SBI Aggressive 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 | 3.60% | 3.95% |
| HDFC BankBanks | 1.92% | 2.16% |
| ICICI BankBanks | 1.49% | 4.43% |
| Bharti AirtelTelecom - Services | 1.30% | 2.25% |
| Reliance IndustriesPetroleum Products | 1.28% | 2.16% |
| United BreweriesBeverages | 0.85% | 0.74% |
| ITCDiversified FMCG | 2.47% | 0.66% |
| Life Insurance Corporation Of IndiaInsurance | 0.52% | 2.36% |
| DLFRealty | 0.45% | 1.01% |
| Interglobe AviationTransport Services | 0.41% | 2.36% |
| InfosysIT - Software | 0.19% | 1.66% |
| SwiggyRetailing | 0.30% | 0.13% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.