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16 of 75 unique stocks in common · Jaccard: 21.3%
A weighted portfolio overlap of 43.22% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.22 is allocated to the exact same companies at the same relative proportions. The schemes share 16 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 10.53% in SBI Nifty 50 ETF. 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 SBI |
|---|---|---|
| HDFC BankBanks | 9.28% | 10.53% |
| ICICI BankBanks | 8.48% | 8.30% |
| Larsen & ToubroConstruction | 4.23% | 4.43% |
| Axis BankBanks | 7.19% | 3.41% |
| Reliance IndustriesPetroleum Products | 3.27% | 8.25% |
| Bharti AirtelTelecom - Services | 3.11% | 5.19% |
| Mahindra & MahindraAutomobiles | 3.93% | 2.52% |
| NTPCPower | 2.96% | 1.70% |
| Maruti Suzuki IndiaAutomobiles | 2.94% | 1.59% |
| Ultratech CementCement & Cement Products | 2.88% | 1.26% |
| Asian PaintsConsumer Durables | 2.91% | 1.12% |
| State Bank of IndiaBanks | 0.84% | 3.70% |
| SBI Life Insurance CompanyInsurance | 0.76% | 0.76% |
| InterGlobe AviationTransport Services | 0.74% | 0.92% |
| HDFC Life Insurance CompanyInsurance | 1.49% | 0.59% |
| TrentRetailing | 0.50% | 0.87% |
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.