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20 of 50 unique stocks in common · Jaccard: 40%
A weighted portfolio overlap of 56.38% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹56.38 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 HDFC Bank, which commands a weight of 14.17% in Kotak Nifty 50 Value 20 ETF and 10.23% in SBI Nifty 50 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 | 14.17% | 10.23% |
| ICICI BankBanks | 12.77% | 9.18% |
| Reliance IndustriesPetroleum Products | 12.50% | 7.89% |
| State Bank of IndiaBanks | 9.95% | 3.79% |
| InfosysIT - Software | 6.56% | 3.54% |
| Axis BankBanks | 4.84% | 3.15% |
| Kotak Mahindra BankBanks | 3.27% | 2.57% |
| ITCDiversified FMCG | 5.42% | 2.42% |
| Tata Consultancy ServicesIT - Software | 4.04% | 2.16% |
| NTPCPower | 2.91% | 1.47% |
| Tata SteelFerrous Metals | 1.99% | 1.40% |
| HCL TechnologiesIT - Software | 2.55% | 1.27% |
| Hindalco IndustriesNon - Ferrous Metals | 2.31% | 1.26% |
| Power Grid Corporation of IndiaPower | 2.10% | 1.15% |
| Bajaj FinservFinance | 1.53% | 1.05% |
| Grasim IndustriesCement & Cement Products | 1.97% | 1.05% |
| Coal IndiaConsumable Fuels | 2.84% | 0.89% |
| Oil & Natural Gas CorporationOil | 4.00% | 0.84% |
| Tata Motors Passenger VehiclesAutomobiles | 3.33% | 0.63% |
| WiproIT - Software | 0.86% | 0.44% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.