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8 of 83 unique stocks in common · Jaccard: 9.6%
A weighted portfolio overlap of 14.18% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.18 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Eternal, which commands a weight of 5.69% in Kotak Pioneer Fund and 8.66% in SBI Innovative Opportunities Fund. Holding both schemes increases your concentration in Eternal 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 |
|---|---|---|
| EternalRetailing | 5.69% | 8.66% |
| Info Edge (India)Retailing | 1.93% | 2.87% |
| Mahindra & MahindraAutomobiles | 1.76% | 1.79% |
| PB FintechFinancial Technology (Fintech) | 2.70% | 1.63% |
| SwiggyRetailing | 1.04% | 2.57% |
| ShiprocketTransport Services | 0.92% | 0.91% |
| Lenskart SolutionsRetailing | 3.54% | 0.75% |
| PhysicswallahOther Consumer Services | 0.47% | 1.34% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.