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7 of 106 unique stocks in common · Jaccard: 6.6%
A weighted portfolio overlap of 12.74% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.74 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.96% in DSP Multicap Fund and 6.59% in ICICI Prudential Housing Opportunities 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 ICICI |
|---|---|---|
| HDFC BankBanks | 4.96% | 6.59% |
| ICICI BankBanks | 3.83% | 5.97% |
| Axis BankBanks | 4.06% | 1.69% |
| NTPCPower | 1.10% | 7.96% |
| R R KabelIndustrial Products | 1.80% | 0.60% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.77% | 0.29% |
| Prince Pipes And FittingsIndustrial Products | 1.05% | 0.27% |
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.