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27 of 137 unique stocks in common · Jaccard: 19.7%
A weighted portfolio overlap of 28.06% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.06 is allocated to the exact same companies at the same relative proportions. The schemes share 27 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.46% in DSP Dynamic Asset Allocation Fund and 5.59% in ICICI Prudential Multi Asset Allocation 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 | 7.46% | 5.59% |
| ICICI BankBanks | 7.90% | 3.76% |
| Axis BankBanks | 5.10% | 2.38% |
| Bajaj FinservFinance | 1.99% | 2.58% |
| Life Insurance Corporation Of IndiaInsurance | 1.43% | 3.81% |
| Kotak Mahindra BankBanks | 3.26% | 1.30% |
| Bharti AirtelTelecom - Services | 3.96% | 1.11% |
| Hindustan UnileverDiversified FMCG | 1.08% | 1.51% |
| State Bank of IndiaBanks | 4.57% | 0.94% |
| ITCDiversified FMCG | 0.91% | 1.59% |
| NTPCPower | 0.91% | 1.37% |
| Maruti Suzuki IndiaAutomobiles | 0.69% | 1.49% |
| Tata SteelFerrous Metals | 0.79% | 0.67% |
| Info Edge (India)Retailing | 0.97% | 0.67% |
| HDFC Life Insurance CompanyInsurance | 1.13% | 0.57% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.51% | 0.75% |
| InfosysIT - Software | 0.49% | 1.72% |
| SBI Life Insurance CompanyInsurance | 1.28% | 0.45% |
| Mahindra & MahindraAutomobiles | 1.40% | 0.43% |
| Hyundai Motor IndiaAutomobiles | 0.41% | 0.65% |
| Samvardhana Motherson InternationalAuto Components | 0.59% | 0.40% |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | 0.35% | 0.94% |
| Bharat ElectronicsAerospace & Defense | 0.74% | 0.31% |
| Hindalco IndustriesNon - Ferrous Metals | 1.25% | 0.31% |
| Titan CompanyConsumer Durables | 2.00% | 0.15% |
| Syngene InternationalHealthcare Services | 0.57% | 0.13% |
| Bharat Petroleum CorporationPetroleum Products | 1.14% | 0.11% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.