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20 of 119 unique stocks in common · Jaccard: 16.8%
A weighted portfolio overlap of 18.33% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.33 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is Indus Towers, which commands a weight of 2.17% in Kotak Multi Asset Allocation Fund and 1.95% in SBI Balanced Advantage Fund. Holding both schemes increases your concentration in Indus Towers 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 |
|---|---|---|
| Indus TowersTelecom - Services | 2.17% | 1.95% |
| HDFC BankBanks | 1.92% | 3.57% |
| ICICI BankBanks | 1.49% | 3.82% |
| EternalRetailing | 2.55% | 1.46% |
| Bandhan BankBanks | 1.38% | 1.30% |
| Bharti AirtelTelecom - Services | 1.30% | 1.37% |
| Reliance IndustriesPetroleum Products | 1.28% | 4.42% |
| Bank of BarodaBanks | 1.80% | 1.24% |
| ITCDiversified FMCG | 2.47% | 1.21% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.98% | 1.19% |
| Maruti Suzuki IndiaAutomobiles | 2.70% | 0.87% |
| State Bank of IndiaBanks | 3.60% | 0.79% |
| Tata SteelFerrous Metals | 0.66% | 1.78% |
| Life Insurance Corporation Of IndiaInsurance | 0.52% | 0.48% |
| DLFRealty | 0.45% | 0.76% |
| GAIL (India)Gas | 0.38% | 2.56% |
| Hindalco IndustriesNon - Ferrous Metals | 1.03% | 0.22% |
| Hindustan UnileverDiversified FMCG | 2.06% | 0.20% |
| InfosysIT - Software | 0.19% | 0.11% |
| Shriram FinanceFinance | 1.96% | 0.04% |
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.