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24 of 116 unique stocks in common · Jaccard: 20.7%
A weighted portfolio overlap of 34.93% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹34.93 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.13% in DSP Large & Mid Cap Fund and 7.74% in IB11-Groww ELSS Tax Saver Fund. Holding both schemes increases your concentration in HDFC 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 IB11-Groww |
|---|---|---|
| HDFC BankBanks | 8.13% | 7.74% |
| ICICI BankBanks | 8.62% | 5.32% |
| Bharti AirtelTelecom - Services | 2.20% | 2.60% |
| State Bank of IndiaBanks | 2.79% | 2.12% |
| Axis BankBanks | 5.81% | 1.81% |
| Tata Consultancy ServicesIT - Software | 1.86% | 1.77% |
| InfosysIT - Software | 1.41% | 2.13% |
| Max Financial ServicesInsurance | 1.87% | 1.37% |
| Fortis HealthcareHealthcare Services | 1.35% | 1.77% |
| EternalRetailing | 1.28% | 2.21% |
| Coromandel InternationalFertilizers & Agrochemicals | 1.68% | 1.03% |
| NTPCPower | 1.02% | 0.87% |
| Larsen & ToubroConstruction | 0.85% | 2.29% |
| Ultratech CementCement & Cement Products | 0.83% | 1.34% |
| Hindustan UnileverDiversified FMCG | 0.73% | 1.65% |
| Mahindra & MahindraAutomobiles | 1.65% | 0.70% |
| Vishal Mega MartRetailing | 0.75% | 0.62% |
| ITCDiversified FMCG | 0.80% | 0.51% |
| Container Corporation of IndiaTransport Services | 1.00% | 0.48% |
| Schaeffler IndiaAuto Components | 1.28% | 0.48% |
| Maruti Suzuki IndiaAutomobiles | 0.46% | 2.52% |
| Asian PaintsConsumer Durables | 1.51% | 0.37% |
| JK CementCement & Cement Products | 0.34% | 1.64% |
| Hyundai Motor IndiaAutomobiles | 0.55% | 0.30% |
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.