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6 of 54 unique stocks in common · Jaccard: 11.1%
A weighted portfolio overlap of 16.05% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.05 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 5.03% in Kotak Nifty 200 Momentum 30 ETF and 4.52% in SBI BSE Sensex ETF. 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 | 5.03% | 4.52% |
| Bharti AirtelTelecom - Services | 4.38% | 5.89% |
| Bajaj FinanceFinance | 4.58% | 2.73% |
| Maruti Suzuki IndiaAutomobiles | 4.00% | 1.95% |
| Asian PaintsConsumer Durables | 4.90% | 1.36% |
| InterGlobe AviationTransport Services | 3.63% | 1.11% |
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.