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27 of 109 unique stocks in common · Jaccard: 24.8%
A weighted portfolio overlap of 16.26% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.26 is allocated to the exact same companies at the same relative proportions. The schemes share 27 common holdings.
The largest overlapping asset in their portfolios is Bandhan Bank, which commands a weight of 2.21% in Kotak Multi Asset Allocation Fund and 2.33% in SBI Multi Asset Allocation Fund. Holding both schemes increases your concentration in Bandhan Bank 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 |
|---|---|---|
| Bandhan BankBanks | 2.21% | 2.33% |
| Indus TowersTelecom - Services | 2.71% | 1.98% |
| ICICI BankBanks | 1.41% | 1.59% |
| Reliance IndustriesPetroleum Products | 1.45% | 1.24% |
| HDFC BankBanks | 1.94% | 1.08% |
| Samvardhana Motherson InternationalAuto Components | 0.99% | 0.96% |
| Oil IndiaOil | 2.16% | 0.64% |
| ITCDiversified FMCG | 3.03% | 0.60% |
| Bank of BarodaBanks | 1.54% | 0.57% |
| SwiggyRetailing | 0.84% | 0.56% |
| Kotak Mahindra BankBanks | 0.55% | 1.41% |
| State Bank of IndiaBanks | 3.24% | 0.50% |
| Oil & Natural Gas CorporationOil | 0.48% | 1.67% |
| Dabur IndiaPersonal Products | 0.44% | 0.58% |
| GAIL (India)Gas | 0.39% | 2.10% |
| Tech MahindraIT - Software | 1.30% | 0.38% |
| FSN E-Commerce VenturesRetailing | 0.35% | 0.47% |
| WiproIT - Software | 0.35% | 0.34% |
| EmamiPersonal Products | 0.31% | 0.22% |
| InfosysIT - Software | 1.41% | 0.22% |
| Life Insurance Corporation of IndiaInsurance | 0.41% | 0.22% |
| Tata SteelFerrous Metals | 1.04% | 0.22% |
| Ashoka BuildconConstruction | 0.22% | 0.21% |
| Aditya Birla Sun Life AMCCapital Markets | 0.60% | 0.17% |
| Bharti AirtelTelecom - Services | 1.44% | 0.16% |
| InterGlobe AviationTransport Services | 0.38% | 0.12% |
| PVR INOXEntertainment | 0.41% | 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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.