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15 of 129 unique stocks in common · Jaccard: 11.6%
A weighted portfolio overlap of 36.56% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.56 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.57% in DSP Flexi Cap Fund and 9.19% in HDFC Flexi Cap 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 HDFC |
|---|---|---|
| ICICI BankBanks | 9.57% | 9.19% |
| HDFC BankBanks | 8.03% | 5.71% |
| Axis BankBanks | 4.87% | 6.19% |
| State Bank of IndiaBanks | 3.56% | 4.16% |
| Bharti AirtelTelecom - Services | 2.75% | 2.58% |
| CiplaPharmaceuticals & Biotechnology | 2.26% | 2.47% |
| SBI Life Insurance CompanyInsurance | 2.14% | 3.19% |
| EternalRetailing | 1.93% | 3.39% |
| Maruti Suzuki IndiaAutomobiles | 1.19% | 2.74% |
| HCL TechnologiesIT - Software | 1.15% | 2.48% |
| InfosysIT - Software | 1.60% | 0.54% |
| Havells IndiaConsumer Durables | 0.48% | 0.54% |
| ICICI Prudential Asset Management CompanyCapital Markets | 0.41% | 0.46% |
| Dixon Technologies (India)Consumer Durables | 0.63% | 0.32% |
| Hindustan Petroleum CorporationPetroleum Products | 0.34% | 0.23% |
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.