Loading fund overlap…
6 of 66 unique stocks in common · Jaccard: 9.1%
A weighted portfolio overlap of 19.34% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.34 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.27% in DSP ELSS Tax Saver Fund and 7.73% in quant Equity Savings 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 | in quant |
|---|---|---|
| ICICI BankBanks | 9.27% | 7.73% |
| HDFC BankBanks | 8.78% | 3.68% |
| Bharti AirtelTelecom - Services | 3.38% | 7.30% |
| Samvardhana Motherson InternationalAuto Components | 1.90% | 2.38% |
| EternalRetailing | 1.38% | 3.35% |
| Fortis HealthcareHealthcare Services | 1.27% | 4.12% |
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.