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12 of 72 unique stocks in common · Jaccard: 16.7%
A weighted portfolio overlap of 21.29% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.29 is allocated to the exact same companies at the same relative proportions. The schemes share 12 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 4.04% in SBI Equity Hybrid 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 SBI |
|---|---|---|
| ICICI BankBanks | 8.48% | 4.04% |
| Bharti AirtelTelecom - Services | 3.11% | 3.27% |
| Larsen & ToubroConstruction | 4.23% | 2.50% |
| HDFC BankBanks | 9.28% | 2.39% |
| Reliance IndustriesPetroleum Products | 3.27% | 2.36% |
| Asian PaintsConsumer Durables | 2.91% | 1.75% |
| Shree CementCement & Cement Products | 1.30% | 1.78% |
| DLFRealty | 2.89% | 0.91% |
| NTPCPower | 2.96% | 0.88% |
| State Bank of IndiaBanks | 0.84% | 3.79% |
| InterGlobe AviationTransport Services | 0.74% | 2.25% |
| United BreweriesBeverages | 1.11% | 0.47% |
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.