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12 of 91 unique stocks in common · Jaccard: 13.2%
A weighted portfolio overlap of 34.07% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹34.07 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.78% in DSP ELSS Tax Saver Fund and 7.23% in Templeton India Value 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 Templeton |
|---|---|---|
| HDFC BankBanks | 8.78% | 7.23% |
| Axis BankBanks | 7.47% | 6.78% |
| ICICI BankBanks | 9.27% | 4.67% |
| State Bank of IndiaBanks | 4.13% | 2.66% |
| InfosysIT - Software | 2.56% | 3.45% |
| Tata Consultancy ServicesIT - Software | 2.07% | 4.01% |
| CiplaPharmaceuticals & Biotechnology | 1.89% | 3.36% |
| NTPCPower | 1.81% | 2.04% |
| ITCDiversified FMCG | 1.20% | 2.20% |
| Bharat Petroleum CorporationPetroleum Products | 1.61% | 1.07% |
| EmamiPersonal Products | 1.07% | 1.53% |
| PNB Housing FinanceFinance | 1.15% | 1.06% |
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.