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10 of 50 unique stocks in common · Jaccard: 20%
A weighted portfolio overlap of 49.84% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹49.84 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 10.67% in DSP Nifty Top 10 Equal Weight ETF and 9.45% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 10.67% | 9.45% |
| HDFC BankBanks | 9.01% | 9.85% |
| Reliance IndustriesPetroleum Products | 9.80% | 7.83% |
| Bharti AirtelTelecom - Services | 9.73% | 5.00% |
| Larsen & ToubroConstruction | 9.75% | 4.30% |
| InfosysIT - Software | 10.81% | 3.61% |
| Axis BankBanks | 9.46% | 3.39% |
| Kotak Mahindra BankBanks | 10.41% | 2.80% |
| ITCDiversified FMCG | 8.87% | 2.23% |
| Tata Consultancy ServicesIT - Software | 11.46% | 2.22% |
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.