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13 of 63 unique stocks in common · Jaccard: 20.6%
A weighted portfolio overlap of 33.7% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹33.7 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.39% in DSP Dynamic Asset Allocation Fund and 8.71% in DSP Focused 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 Dynamic | in DSP Focused |
|---|---|---|
| ICICI BankBanks | 8.39% | 8.71% |
| HDFC BankBanks | 7.40% | 8.06% |
| Axis BankBanks | 4.67% | 5.35% |
| Bharti AirtelTelecom - Services | 3.51% | 4.10% |
| State Bank of IndiaBanks | 3.29% | 3.22% |
| SBI Life Insurance CompanyInsurance | 1.40% | 4.15% |
| CoforgeIT - Software | 0.94% | 3.53% |
| Century Plyboards (India)Consumer Durables | 0.88% | 1.94% |
| Bharat Petroleum CorporationPetroleum Products | 0.86% | 2.55% |
| Samvardhana Motherson InternationalAuto Components | 0.77% | 3.58% |
| Syngene InternationalHealthcare Services | 0.66% | 1.76% |
| InfosysIT - Software | 0.52% | 2.65% |
| Mrs Bectors Food SpecialitiesFood Products | 0.48% | 1.79% |
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.