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12 of 95 unique stocks in common · Jaccard: 12.6%
A weighted portfolio overlap of 19.29% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.29 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.96% in DSP Multicap Fund and 7.65% in DSP Value 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 Multicap | in DSP Value |
|---|---|---|
| HDFC BankBanks | 4.96% | 7.65% |
| ICICI BankBanks | 3.83% | 7.34% |
| Axis BankBanks | 4.06% | 2.55% |
| Hero MotoCorpAutomobiles | 2.51% | 2.00% |
| Mahindra & MahindraAutomobiles | 1.56% | 2.34% |
| CiplaPharmaceuticals & Biotechnology | 2.38% | 1.09% |
| Gland PharmaPharmaceuticals & Biotechnology | 2.20% | 0.99% |
| Bharat Petroleum CorporationPetroleum Products | 1.13% | 0.90% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 1.36% | 0.72% |
| CyientIT - Services | 1.34% | 0.35% |
| Alembic PharmaceuticalsPharmaceuticals & Biotechnology | 0.33% | 0.26% |
| Archean Chemical IndustriesChemicals & Petrochemicals | 1.55% | 0.08% |
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.