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17 of 129 unique stocks in common · Jaccard: 13.2%
A weighted portfolio overlap of 17.8% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.8 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 4.35% in DSP India T.I.G.E.R. Fund and 5.27% in HDFC Manufacturing Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.35% | 5.27% |
| Hindustan AeronauticsAerospace & Defense | 2.18% | 2.50% |
| Bharat ElectronicsAerospace & Defense | 1.94% | 2.54% |
| SiemensElectrical Equipment | 2.07% | 1.25% |
| Bharat Petroleum CorporationPetroleum Products | 1.14% | 1.64% |
| Siemens Energy IndiaElectrical Equipment | 2.05% | 0.94% |
| Jindal SteelFerrous Metals | 1.59% | 0.90% |
| Jubilant IngreviaChemicals & Petrochemicals | 0.96% | 0.75% |
| Schaeffler IndiaAuto Components | 1.20% | 0.70% |
| Amber Enterprises IndiaConsumer Durables | 1.61% | 0.59% |
| CG Power and Industrial SolutionsElectrical Equipment | 0.54% | 1.77% |
| Cyient DLMAerospace & Defense | 0.54% | 0.90% |
| Carborundum UniversalIndustrial Products | 1.47% | 0.53% |
| Bansal Wire IndustriesIndustrial Products | 0.51% | 0.79% |
| Ambuja CementsCement & Cement Products | 0.42% | 2.12% |
| Samvardhana Motherson InternationalAuto Components | 1.25% | 0.34% |
| JNK IndiaIndustrial Manufacturing | 0.40% | 0.18% |
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.