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9 of 62 unique stocks in common · Jaccard: 14.5%
A weighted portfolio overlap of 26.13% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.13 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.43% in DSP Aggressive Hybrid Fund and 8.42% in Franklin India Focused Equity Fund. Holding both schemes increases your concentration in HDFC 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 DSP | in Franklin |
|---|---|---|
| HDFC BankBanks | 8.43% | 8.42% |
| ICICI BankBanks | 5.94% | 7.55% |
| Axis BankBanks | 3.81% | 7.44% |
| InfosysIT - Software | 2.22% | 2.84% |
| HDFC Life Insurance CompanyInsurance | 1.60% | 2.49% |
| Maruti Suzuki IndiaAutomobiles | 1.54% | 3.60% |
| Bharti AirtelTelecom - Services | 1.25% | 5.70% |
| APL Apollo TubesIndustrial Products | 0.72% | 1.48% |
| State Bank of IndiaBanks | 0.63% | 2.23% |
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.