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9 of 64 unique stocks in common · Jaccard: 14.1%
A weighted portfolio overlap of 17.04% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.04 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Adani Power, which commands a weight of 4.42% in Kotak Nifty Commodities Index Fund and 4.03% in SBI Equity Hybrid Fund. Holding both schemes increases your concentration in Adani Power 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 |
|---|---|---|
| Adani PowerPower | 4.42% | 4.03% |
| Reliance IndustriesPetroleum Products | 8.37% | 2.36% |
| Adani Energy SolutionsPower | 2.32% | 3.63% |
| Coal IndiaConsumable Fuels | 4.57% | 1.80% |
| Hindalco IndustriesNon - Ferrous Metals | 7.18% | 1.74% |
| Shree CementCement & Cement Products | 1.49% | 1.78% |
| JSW EnergyPower | 1.41% | 1.77% |
| Jindal SteelFerrous Metals | 1.97% | 1.01% |
| NTPCPower | 8.06% | 0.88% |
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.