Loading fund overlap…
7 of 87 unique stocks in common · Jaccard: 8%
A weighted portfolio overlap of 31.8% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.8 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.71% in DSP Focused Fund and 8.83% 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 | 8.71% | 8.83% |
| HDFC BankBanks | 8.06% | 6.48% |
| Axis BankBanks | 5.35% | 6.84% |
| SBI Life Insurance CompanyInsurance | 4.15% | 3.76% |
| State Bank of IndiaBanks | 3.22% | 4.22% |
| Bharti AirtelTelecom - Services | 4.10% | 2.96% |
| InfosysIT - Software | 2.65% | 1.32% |
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.