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18 of 135 unique stocks in common · Jaccard: 13.3%
A weighted portfolio overlap of 28.94% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.94 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.33% in DSP Large & Mid Cap Fund and 6.36% in SBI Large and Midcap 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 SBI |
|---|---|---|
| HDFC BankBanks | 7.33% | 6.36% |
| ICICI BankBanks | 8.71% | 3.98% |
| Axis BankBanks | 5.86% | 3.38% |
| State Bank of IndiaBanks | 3.30% | 2.88% |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | 1.89% | 1.86% |
| Indus TowersTelecom - Services | 1.70% | 1.30% |
| Asian PaintsConsumer Durables | 1.27% | 2.41% |
| Bharat ForgeAuto Components | 1.21% | 2.34% |
| Jindal SteelFerrous Metals | 1.17% | 1.83% |
| InfosysIT - Software | 1.30% | 0.94% |
| Hindustan UnileverDiversified FMCG | 0.92% | 1.35% |
| Samvardhana Motherson InternationalAuto Components | 1.18% | 0.81% |
| LupinPharmaceuticals & Biotechnology | 1.20% | 0.79% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.73% | 2.37% |
| EmamiPersonal Products | 0.68% | 0.56% |
| JK CementCement & Cement Products | 0.50% | 0.46% |
| SBI Cards & Payment ServicesFinance | 0.29% | 0.47% |
| GSPL India TranscoGas | 0.05% | 0.03% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.