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20 of 71 unique stocks in common · Jaccard: 28.2%
A weighted portfolio overlap of 28.04% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.04 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is ITC, which commands a weight of 5.63% in DSP Large Cap Fund and 6.13% in SBI Equity Minimum Variance Fund. Holding both schemes increases your concentration in ITC 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 SBI |
|---|---|---|
| ITCDiversified FMCG | 5.63% | 6.13% |
| CiplaPharmaceuticals & Biotechnology | 3.12% | 5.26% |
| ICICI BankBanks | 9.46% | 2.52% |
| Bharti AirtelTelecom - Services | 4.99% | 1.92% |
| SBI Life Insurance CompanyInsurance | 2.67% | 1.83% |
| Larsen & ToubroConstruction | 4.24% | 1.03% |
| NTPCPower | 3.41% | 0.99% |
| Ultratech CementCement & Cement Products | 2.65% | 0.99% |
| Axis BankBanks | 5.74% | 0.98% |
| Kotak Mahindra BankBanks | 2.48% | 0.98% |
| HDFC Life Insurance CompanyInsurance | 2.90% | 0.96% |
| Maruti Suzuki IndiaAutomobiles | 2.29% | 0.95% |
| Mahindra & MahindraAutomobiles | 4.98% | 0.93% |
| HDFC BankBanks | 9.19% | 0.91% |
| Reliance IndustriesPetroleum Products | 4.18% | 0.90% |
| Oil & Natural Gas CorporationOil | 1.10% | 0.85% |
| InfosysIT - Software | 5.00% | 0.82% |
| State Bank of IndiaBanks | 0.74% | 0.87% |
| TrentRetailing | 0.53% | 1.09% |
| Asian PaintsConsumer Durables | 0.46% | 2.74% |
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.