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15 of 105 unique stocks in common · Jaccard: 14.3%
A weighted portfolio overlap of 25.65% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.65 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 9.28% in DSP Business Cycle Fund and 8.02% in ICICI Prudential Large & Mid Cap 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 ICICI |
|---|---|---|
| HDFC BankBanks | 9.28% | 8.02% |
| Axis BankBanks | 7.19% | 3.40% |
| ICICI BankBanks | 8.48% | 2.46% |
| Maruti Suzuki IndiaAutomobiles | 2.94% | 2.37% |
| Reliance IndustriesPetroleum Products | 3.27% | 1.38% |
| Shree CementCement & Cement Products | 1.30% | 2.09% |
| Larsen & ToubroConstruction | 4.23% | 1.15% |
| United BreweriesBeverages | 1.11% | 2.06% |
| NTPCPower | 2.96% | 1.04% |
| Info Edge (India)Retailing | 0.81% | 3.54% |
| InterGlobe AviationTransport Services | 0.74% | 3.06% |
| Hyundai Motor IndiaAutomobiles | 1.57% | 0.71% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.67% | 2.01% |
| SBI Life Insurance CompanyInsurance | 0.76% | 0.33% |
| Kalpataru Projects InternationalConstruction | 0.16% | 0.59% |
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.