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17 of 89 unique stocks in common · Jaccard: 19.1%
A weighted portfolio overlap of 45.46% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹45.46 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 ICICI Bank, which commands a weight of 9.46% in DSP Large Cap 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 | 9.46% | 8.83% |
| HDFC BankBanks | 9.19% | 6.48% |
| Axis BankBanks | 5.74% | 6.84% |
| Larsen & ToubroConstruction | 4.24% | 3.55% |
| Bharti AirtelTelecom - Services | 4.99% | 2.96% |
| CiplaPharmaceuticals & Biotechnology | 3.12% | 2.89% |
| SBI Life Insurance CompanyInsurance | 2.67% | 3.76% |
| Kotak Mahindra BankBanks | 2.48% | 3.43% |
| Maruti Suzuki IndiaAutomobiles | 2.29% | 2.91% |
| Reliance IndustriesPetroleum Products | 4.18% | 2.01% |
| Hyundai Motor IndiaAutomobiles | 1.59% | 1.70% |
| InfosysIT - Software | 5.00% | 1.32% |
| State Bank of IndiaBanks | 0.74% | 4.22% |
| United SpiritsBeverages | 1.01% | 0.72% |
| Oil & Natural Gas CorporationOil | 1.10% | 0.58% |
| CyientIT - Services | 0.61% | 0.49% |
| ICICI Prudential Asset Management CompanyCapital Markets | 1.25% | 0.12% |
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.