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11 of 39 unique stocks in common · Jaccard: 28.2%
A weighted portfolio overlap of 46.71% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹46.71 is allocated to the exact same companies at the same relative proportions. The schemes share 11 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 13.55% in Tata Nifty Financial Services Index 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 Tata |
|---|---|---|
| ICICI BankBanks | 9.22% | 13.55% |
| Axis BankBanks | 7.95% | 10.26% |
| State Bank of IndiaBanks | 5.06% | 9.02% |
| Kotak Mahindra BankBanks | 4.64% | 9.37% |
| HDFC BankBanks | 4.61% | 17.83% |
| Bajaj FinanceFinance | 4.45% | 8.05% |
| Shriram FinanceFinance | 4.68% | 4.39% |
| SBI Life Insurance CompanyInsurance | 4.22% | 2.72% |
| Cholamandalam Investment and Finance CompanyFinance | 5.02% | 2.18% |
| Max Financial ServicesInsurance | 3.24% | 1.48% |
| Bajaj FinservFinance | 0.01% | 3.41% |
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.