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14 of 99 unique stocks in common · Jaccard: 14.1%
A weighted portfolio overlap of 29.04% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.04 is allocated to the exact same companies at the same relative proportions. The schemes share 14 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 5.50% in SBI Flexicap 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% | 5.50% |
| Axis BankBanks | 7.19% | 4.49% |
| HDFC BankBanks | 9.28% | 4.24% |
| Larsen & ToubroConstruction | 4.23% | 4.04% |
| NTPCPower | 2.96% | 3.21% |
| Reliance IndustriesPetroleum Products | 3.27% | 1.93% |
| Max Financial ServicesInsurance | 1.04% | 2.22% |
| Bharti AirtelTelecom - Services | 3.11% | 0.99% |
| Maruti Suzuki IndiaAutomobiles | 2.94% | 0.97% |
| State Bank of IndiaBanks | 0.84% | 2.15% |
| Carborundum UniversalIndustrial Products | 0.95% | 0.81% |
| Asian PaintsConsumer Durables | 2.91% | 0.55% |
| Multi Commodity Exchange of IndiaCapital Markets | 1.08% | 0.41% |
| Bharat Petroleum CorporationPetroleum Products | 0.27% | 1.99% |
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.