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8 of 61 unique stocks in common · Jaccard: 13.1%
A weighted portfolio overlap of 21.38% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.38 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 Axis Bank, which commands a weight of 10.10% in Kotak Services Fund and 4.71% in SBI Long Term Advantage Fund - Series VI. Holding both schemes increases your concentration in Axis 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 |
|---|---|---|
| Axis BankBanks | 10.10% | 4.71% |
| State Bank of IndiaBanks | 9.11% | 4.64% |
| Bharti AirtelTelecom - Services | 8.10% | 4.20% |
| ICICI BankBanks | 9.78% | 3.78% |
| HDFC BankBanks | 1.92% | 4.42% |
| DelhiveryTransport Services | 1.10% | 3.39% |
| Bank of BarodaBanks | 0.88% | 3.23% |
| Equitas Small Finance BankBanks | 0.15% | 2.68% |
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.