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17 of 71 unique stocks in common · Jaccard: 23.9%
A weighted portfolio overlap of 37.89% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.89 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.78% in Kotak Services Fund and 8.30% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 9.78% | 8.30% |
| Bharti AirtelTelecom - Services | 8.10% | 5.19% |
| InfosysIT - Software | 4.35% | 3.76% |
| State Bank of IndiaBanks | 9.11% | 3.70% |
| Axis BankBanks | 10.10% | 3.41% |
| Bajaj FinanceFinance | 3.60% | 2.25% |
| HDFC BankBanks | 1.92% | 10.53% |
| Titan CompanyConsumer Durables | 4.25% | 1.55% |
| Tata Consultancy ServicesIT - Software | 1.24% | 2.13% |
| Shriram FinanceFinance | 2.00% | 1.23% |
| Power Grid Corporation of IndiaPower | 7.66% | 1.22% |
| HCL TechnologiesIT - Software | 2.89% | 1.15% |
| Tech MahindraIT - Software | 2.40% | 0.87% |
| NTPCPower | 0.70% | 1.70% |
| Max Healthcare InstituteHealthcare Services | 4.28% | 0.66% |
| EternalRetailing | 0.44% | 1.67% |
| InterGlobe AviationTransport Services | 0.30% | 0.92% |
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.