Kotak BSE Sensex ETF vs SBI BSE Sensex ETF
Portfolio Overlap Analysis · Kotak vs SBI
Common Holdings (30)
| Stock | Wt% in Kotak BSE Sensex ETF | Wt% in SBI BSE Sensex ETF | Overlap |
|---|---|---|---|
HDFC BANK LTD. Banks | 14.07% | 14.07% | 14.07% |
ICICI BANK LTD. Banks | 10.26% | 10.26% | 10.26% |
RELIANCE INDUSTRIES LTD. Petroleum Products | 9.82% | 9.82% | 9.82% |
BHARTI AIRTEL LTD. Telecom - Services | 5.47% | 5.47% | 5.47% |
Larsen and Toubro Ltd. Construction | 5.21% | 5.21% | 5.21% |
STATE BANK OF INDIA. Banks | 5.20% | 5.20% | 5.20% |
Infosys Ltd. IT - Software | 4.84% | 4.84% | 4.84% |
AXIS BANK LTD. Banks | 4.11% | 4.11% | 4.11% |
KOTAK MAHINDRA BANK LTD. Banks | 3.18% | 3.18% | 3.18% |
Mahindra & Mahindra Ltd. Automobiles | 3.17% | 3.17% | 3.17% |
ITC Ltd. Diversified FMCG | 3.15% | 3.15% | 3.15% |
TATA CONSULTANCY SERVICES LTD. IT - Software | 2.78% | 2.78% | 2.78% |
BAJAJ FINANCE LTD. Finance | 2.71% | 2.71% | 2.71% |
Hindustan Unilever Ltd. Diversified FMCG | 2.17% | 2.17% | 2.17% |
Maruti Suzuki India Limited Automobiles | 2.05% | 2.04% | 2.04% |
SUN PHARMACEUTICAL INDUSTRIES LTD. Pharmaceuticals and Biotechnology | 1.91% | 1.91% | 1.91% |
NTPC LTD Power | 1.89% | 1.89% | 1.89% |
TITAN COMPANY LTD. Consumer Durables | 1.84% | 1.84% | 1.84% |
Tata Steel Ltd. Ferrous Metals | 1.82% | 1.82% | 1.82% |
ETERNAL LIMITED Retailing | 1.78% | 1.78% | 1.78% |
Bharat Electronics Ltd. Aerospace and Defense | 1.66% | 1.66% | 1.66% |
Ultratech Cement Ltd. Cement and Cement Products | 1.56% | 1.56% | 1.56% |
HCL Technologies Ltd. IT - Software | 1.53% | 1.53% | 1.53% |
Power Grid Corporation of India Ltd. Power | 1.42% | 1.42% | 1.42% |
Bajaj Finserv Ltd. Finance | 1.19% | 1.19% | 1.19% |
Adani Ports and Special Economic Zone Limited Transport Infrastructure | 1.16% | 1.16% | 1.16% |
Inter Globe Aviation Ltd Transport Services | 1.13% | 1.13% | 1.13% |
Asian Paints(India) Ltd. Consumer Durables | 1.11% | 1.12% | 1.11% |
Tech Mahindra Ltd. IT - Software | 0.90% | 0.90% | 0.90% |
Trent Ltd Retailing | 0.90% | 0.90% | 0.90% |
Unique to Kotak BSE Sensex ETF
All top holdings are shared with the other fund.
Unique to SBI BSE Sensex ETF
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Analysis
SBI BSE Sensex ETF and Kotak BSE Sensex ETF show 100.0% overlap, which is high in MFXray's current universe. This pair ranks #35 out of 95,528 analyzed combinations. The catch is that this is a cross-AMC pair, so changing fund houses here does not really change the portfolio underneath.
The overlap is being driven mainly by banks exposure, which alone contributes 36.8% of the shared book. The biggest common positions are HDFC Bank Ltd., ICICI Bank Ltd., and Reliance Industries Ltd.. Those names account for a large chunk of why the two funds move similarly.
SBI BSE Sensex ETF still keeps some identity through very little that stands apart in the top holdings, while Kotak BSE Sensex ETF leans on very little that stands apart in the top holdings. That matters because the common core is doing most of the heavy lifting, and the unique sleeve around it is relatively small.
The practical takeaway is simple: holding both funds is likely giving you more duplication than diversification. This is the kind of pair that deserves a second look before you assume you are spreading risk.
More comparisons for Kotak BSE Sensex ETF
- vs HDFC BSE Sensex Index100.0% · 30 stocks
- vs HDFC BSE SENSEX ETF100.0% · 30 stocks
- vs Mirae Asset BSE Sensex ETF (Fo100.0% · 30 stocks
- vs SBI BSE Sensex Index100.0% · 30 stocks
- vs Nippon India ETF BSE Sensex99.9% · 30 stocks
More comparisons for SBI BSE Sensex ETF
- vs HDFC BSE SENSEX ETF100.0% · 30 stocks
- vs HDFC BSE Sensex Index100.0% · 30 stocks
- vs Mirae Asset BSE Sensex ETF (Fo100.0% · 30 stocks
- vs SBI BSE Sensex Index100.0% · 30 stocks
- vs Nippon India ETF BSE Sensex99.9% · 30 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.