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16 of 61 unique stocks in common · Jaccard: 26.2%
A weighted portfolio overlap of 19.88% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.88 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 7.40% in DSP Dynamic Asset Allocation Fund and 4.68% in DSP Equity Savings 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 Dynamic | in DSP Equity |
|---|---|---|
| HDFC BankBanks | 7.40% | 4.68% |
| ICICI BankBanks | 8.39% | 3.05% |
| Kotak Mahindra BankBanks | 2.56% | 2.00% |
| Mahindra & MahindraAutomobiles | 1.61% | 1.76% |
| CiplaPharmaceuticals & Biotechnology | 1.43% | 2.25% |
| HDFC Life Insurance CompanyInsurance | 1.29% | 1.39% |
| Axis BankBanks | 4.67% | 1.18% |
| SBI Life Insurance CompanyInsurance | 1.40% | 0.94% |
| ITCDiversified FMCG | 0.81% | 2.15% |
| Samvardhana Motherson InternationalAuto Components | 0.77% | 0.67% |
| Syngene InternationalHealthcare Services | 0.66% | 0.93% |
| InfosysIT - Software | 0.52% | 1.07% |
| NTPCPower | 1.12% | 0.43% |
| Canara HSBC Life Insurance CoInsurance | 0.21% | 0.70% |
| La Opala RGConsumer Durables | 0.25% | 0.21% |
| Bharat Petroleum CorporationPetroleum Products | 0.86% | 0.19% |
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.