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11 of 89 unique stocks in common · Jaccard: 12.4%
A weighted portfolio overlap of 23.08% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.08 is allocated to the exact same companies at the same relative proportions. The schemes share 11 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 6.59% in ICICI Prudential Housing Opportunities 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 | in ICICI |
|---|---|---|
| HDFC BankBanks | 7.40% | 6.59% |
| ICICI BankBanks | 8.39% | 5.97% |
| State Bank of IndiaBanks | 3.29% | 2.36% |
| Axis BankBanks | 4.67% | 1.69% |
| LG Electronics IndiaConsumer Durables | 1.32% | 2.51% |
| NTPCPower | 1.12% | 7.96% |
| Larsen & ToubroConstruction | 0.99% | 7.56% |
| Tata Power CompanyPower | 2.12% | 0.94% |
| Kotak Mahindra BankBanks | 2.56% | 0.93% |
| Tata SteelFerrous Metals | 0.92% | 4.90% |
| La Opala RGConsumer Durables | 0.25% | 0.84% |
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.