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18 of 42 unique stocks in common · Jaccard: 42.9%
A weighted portfolio overlap of 45.91% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹45.91 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.19% in Kotak Nifty 100 Low Volatility 30 ETF and 12.80% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 4.19% | 12.80% |
| ICICI BankBanks | 3.86% | 10.14% |
| Larsen & ToubroConstruction | 3.66% | 5.38% |
| Bharti AirtelTelecom - Services | 3.41% | 5.89% |
| Kotak Mahindra BankBanks | 3.26% | 3.19% |
| ITCDiversified FMCG | 3.33% | 3.12% |
| State Bank of IndiaBanks | 3.08% | 4.52% |
| Reliance IndustriesPetroleum Products | 2.95% | 10.08% |
| Tata Consultancy ServicesIT - Software | 2.87% | 2.58% |
| InfosysIT - Software | 2.27% | 4.56% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.40% | 2.19% |
| Hindustan UnileverDiversified FMCG | 3.66% | 2.16% |
| Maruti Suzuki IndiaAutomobiles | 3.43% | 1.95% |
| Titan CompanyConsumer Durables | 3.45% | 1.88% |
| Ultratech CementCement & Cement Products | 3.91% | 1.52% |
| HCL TechnologiesIT - Software | 2.25% | 1.41% |
| Asian PaintsConsumer Durables | 3.68% | 1.36% |
| Bajaj FinservFinance | 3.01% | 1.13% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.