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10 of 72 unique stocks in common · Jaccard: 13.9%
A weighted portfolio overlap of 18.28% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.28 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.68% in DSP Equity Savings Fund and 5.89% in Tata Childrens 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 Tata |
|---|---|---|
| HDFC BankBanks | 4.68% | 5.89% |
| ICICI BankBanks | 3.05% | 3.82% |
| Kotak Mahindra BankBanks | 2.00% | 3.51% |
| ITCDiversified FMCG | 2.15% | 1.96% |
| HDFC Life Insurance CompanyInsurance | 1.39% | 1.81% |
| Axis BankBanks | 1.18% | 3.23% |
| Indigo PaintsConsumer Durables | 1.12% | 1.51% |
| InfosysIT - Software | 1.07% | 2.24% |
| Indus TowersTelecom - Services | 0.99% | 1.15% |
| ICICI Lombard General Insurance CompanyInsurance | 0.84% | 2.18% |
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.