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27 of 95 unique stocks in common · Jaccard: 28.4%
A weighted portfolio overlap of 56.81% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹56.81 is allocated to the exact same companies at the same relative proportions. The schemes share 27 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.48% in DSP Business Cycle Fund and 8.72% in ICICI Prudential Large Cap 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 | 8.48% | 8.72% |
| HDFC BankBanks | 9.28% | 8.46% |
| Axis BankBanks | 7.19% | 4.67% |
| Larsen & ToubroConstruction | 4.23% | 5.38% |
| Reliance IndustriesPetroleum Products | 3.27% | 5.41% |
| Bharti AirtelTelecom - Services | 3.11% | 4.34% |
| Maruti Suzuki IndiaAutomobiles | 2.94% | 3.55% |
| Ultratech CementCement & Cement Products | 2.88% | 2.69% |
| NTPCPower | 2.96% | 2.38% |
| Mahindra & MahindraAutomobiles | 3.93% | 2.34% |
| Asian PaintsConsumer Durables | 2.91% | 2.02% |
| Hero MotoCorpAutomobiles | 2.57% | 1.59% |
| DLFRealty | 2.89% | 1.32% |
| HDFC Life Insurance CompanyInsurance | 1.49% | 1.16% |
| Hyundai Motor IndiaAutomobiles | 1.57% | 0.95% |
| State Bank of IndiaBanks | 0.84% | 1.02% |
| Shree CementCement & Cement Products | 1.30% | 0.77% |
| SBI Life Insurance CompanyInsurance | 0.76% | 1.09% |
| InterGlobe AviationTransport Services | 0.74% | 1.83% |
| Hindustan AeronauticsAerospace & Defense | 0.68% | 1.11% |
| SiemensElectrical Equipment | 0.68% | 0.77% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.67% | 1.08% |
| Info Edge (India)Retailing | 0.81% | 0.51% |
| TrentRetailing | 0.50% | 0.68% |
| TVS Motor CompanyAutomobiles | 0.68% | 0.49% |
| United BreweriesBeverages | 1.11% | 0.30% |
| Bharat Petroleum CorporationPetroleum Products | 0.27% | 0.60% |
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.