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4 of 86 unique stocks in common · Jaccard: 4.7%
A weighted portfolio overlap of 5.53% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.53 is allocated to the exact same companies at the same relative proportions. The schemes share 4 common holdings.
The largest overlapping asset in their portfolios is Coforge, which commands a weight of 4.08% in Aditya Birla Sun Life Digital India Fund and 2.39% in DSP Multicap Fund. Holding both schemes increases your concentration in Coforge 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 Aditya | in DSP |
|---|---|---|
| CoforgeIT - Software | 4.08% | 2.39% |
| CyientIT - Services | 2.52% | 1.34% |
| PhysicswallahOther Consumer Services | 0.90% | 1.85% |
| Hexaware TechnologiesIT - Software | 1.45% | 0.90% |
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.