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11 of 90 unique stocks in common · Jaccard: 12.2%
A weighted portfolio overlap of 13.88% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.88 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.94% in DSP Multi Asset Allocation Fund and 4.96% in DSP Multicap 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 Multi | in DSP Multicap |
|---|---|---|
| HDFC BankBanks | 4.94% | 4.96% |
| Axis BankBanks | 3.32% | 4.06% |
| ICICI BankBanks | 2.65% | 3.83% |
| Mahindra & MahindraAutomobiles | 0.89% | 1.56% |
| Gland PharmaPharmaceuticals & Biotechnology | 0.64% | 2.20% |
| Info Edge (India)Retailing | 0.57% | 1.18% |
| Hero MotoCorpAutomobiles | 0.46% | 2.51% |
| Bharat Petroleum CorporationPetroleum Products | 0.15% | 1.13% |
| Archean Chemical IndustriesChemicals & Petrochemicals | 0.10% | 1.55% |
| Alembic PharmaceuticalsPharmaceuticals & Biotechnology | 0.08% | 0.33% |
| Bayer CropscienceFertilizers & Agrochemicals | 0.08% | 1.42% |
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.