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22 of 102 unique stocks in common · Jaccard: 21.6%
A weighted portfolio overlap of 35.75% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.75 is allocated to the exact same companies at the same relative proportions. The schemes share 22 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.58% in DSP Flexi Cap Fund and 4.96% in DSP Multicap 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 Flexi | in DSP Multicap |
|---|---|---|
| HDFC BankBanks | 7.58% | 4.96% |
| Axis BankBanks | 5.11% | 4.06% |
| ICICI BankBanks | 8.20% | 3.83% |
| CoforgeIT - Software | 2.55% | 2.39% |
| CiplaPharmaceuticals & Biotechnology | 2.24% | 2.38% |
| Max Financial ServicesInsurance | 2.09% | 2.60% |
| Kirloskar Oil EnginesIndustrial Products | 1.98% | 2.43% |
| Polycab IndiaIndustrial Products | 1.67% | 1.73% |
| Mahindra & MahindraAutomobiles | 3.23% | 1.56% |
| Hero MotoCorpAutomobiles | 1.23% | 2.51% |
| APL Apollo TubesIndustrial Products | 1.21% | 2.09% |
| Century Plyboards (India)Consumer Durables | 1.17% | 1.24% |
| Bharat Petroleum CorporationPetroleum Products | 2.04% | 1.13% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 1.13% | 1.36% |
| Cohance LifesciencesPharmaceuticals & Biotechnology | 0.90% | 1.06% |
| Syngene InternationalHealthcare Services | 0.82% | 1.52% |
| Tube Investments of IndiaAuto Components | 0.79% | 1.92% |
| ICICI Lombard General Insurance CompanyInsurance | 0.76% | 2.80% |
| Schaeffler IndiaAuto Components | 0.59% | 1.78% |
| Indigo PaintsConsumer Durables | 0.50% | 0.97% |
| PG ElectroplastConsumer Durables | 0.44% | 1.02% |
| EmamiPersonal Products | 0.30% | 1.26% |
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.