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37 of 146 unique stocks in common · Jaccard: 25.3%
A weighted portfolio overlap of 29.8% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.8 is allocated to the exact same companies at the same relative proportions. The schemes share 37 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.78% in DSP Equity Savings 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 | 6.78% | 5.59% |
| Reliance IndustriesPetroleum Products | 3.11% | 3.26% |
| ICICI BankBanks | 2.41% | 3.76% |
| Axis BankBanks | 4.65% | 2.38% |
| ITCDiversified FMCG | 2.95% | 1.59% |
| NTPCPower | 2.33% | 1.37% |
| Kotak Mahindra BankBanks | 3.46% | 1.30% |
| Bharti AirtelTelecom - Services | 1.97% | 1.11% |
| InfosysIT - Software | 1.10% | 1.72% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.79% | 1.06% |
| Maruti Suzuki IndiaAutomobiles | 1.01% | 1.49% |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | 1.15% | 0.94% |
| State Bank of IndiaBanks | 0.88% | 0.94% |
| Larsen & ToubroConstruction | 1.79% | 0.85% |
| Oil & Natural Gas CorporationOil | 0.87% | 0.64% |
| HDFC Life Insurance CompanyInsurance | 1.33% | 0.57% |
| SBI Life Insurance CompanyInsurance | 1.10% | 0.45% |
| Life Insurance Corporation Of IndiaInsurance | 0.44% | 3.81% |
| Mahindra & MahindraAutomobiles | 3.22% | 0.43% |
| ICICI Lombard General Insurance CompanyInsurance | 0.77% | 0.42% |
| Bharat ElectronicsAerospace & Defense | 0.52% | 0.31% |
| Hindalco IndustriesNon - Ferrous Metals | 1.87% | 0.31% |
| Eicher MotorsAutomobiles | 1.11% | 0.30% |
| BioconPharmaceuticals & Biotechnology | 0.18% | 0.21% |
| Titan CompanyConsumer Durables | 1.62% | 0.15% |
| Syngene InternationalHealthcare Services | 0.89% | 0.13% |
| Hindustan Petroleum CorporationPetroleum Products | 0.29% | 0.13% |
| Hero MotoCorpAutomobiles | 1.08% | 0.12% |
| Bharat Petroleum CorporationPetroleum Products | 0.21% | 0.11% |
| JSW SteelFerrous Metals | 0.17% | 0.11% |
| LIC Housing FinanceFinance | 0.08% | 0.40% |
| Ambuja CementsCement & Cement Products | 0.34% | 0.07% |
| TVS Motor CompanyAutomobiles | 0.24% | 0.06% |
| Indus TowersTelecom - Services | 1.77% | 0.05% |
| Info Edge (India)Retailing | 0.02% | 0.67% |
| Pidilite IndustriesChemicals & Petrochemicals | 0.01% | 0.15% |
| Tata Motors Passenger VehiclesAutomobiles | 0.01% | 0.60% |
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.