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13 of 61 unique stocks in common · Jaccard: 21.3%
A weighted portfolio overlap of 42.25% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹42.25 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.22% in DSP Banking & Financial Services Fund and 12.95% in ICICI Prudential Banking & Financial Services Fund. 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 DSP | in ICICI |
|---|---|---|
| ICICI BankBanks | 9.22% | 12.95% |
| Axis BankBanks | 7.95% | 8.76% |
| State Bank of IndiaBanks | 5.06% | 5.88% |
| Kotak Mahindra BankBanks | 4.64% | 7.22% |
| HDFC BankBanks | 4.61% | 13.32% |
| SBI Life Insurance CompanyInsurance | 4.22% | 3.78% |
| PNB Housing FinanceFinance | 2.31% | 2.11% |
| Max Financial ServicesInsurance | 3.24% | 1.32% |
| Bajaj FinanceFinance | 4.45% | 1.29% |
| Cholamandalam Investment and Finance CompanyFinance | 5.02% | 1.26% |
| Aadhar Housing FinanceFinance | 2.70% | 0.93% |
| Canara Robeco Asset Management Co Ltd/IndiaCapital Markets | 0.72% | 0.08% |
| Bajaj FinservFinance | 0.01% | 1.91% |
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.