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11 of 97 unique stocks in common · Jaccard: 11.3%
A weighted portfolio overlap of 21.54% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.54 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 7.33% in DSP Quant Fund and 7.74% in IB11-Groww ELSS Tax Saver 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 IB11-Groww |
|---|---|---|
| HDFC BankBanks | 7.33% | 7.74% |
| Bharti AirtelTelecom - Services | 3.37% | 2.60% |
| Larsen & ToubroConstruction | 3.00% | 2.29% |
| InfosysIT - Software | 2.94% | 2.13% |
| Eicher MotorsAutomobiles | 2.67% | 2.02% |
| Maruti Suzuki IndiaAutomobiles | 1.72% | 2.52% |
| Bharti HexacomTelecom - Services | 1.52% | 1.22% |
| Hero MotoCorpAutomobiles | 2.33% | 0.78% |
| HCL TechnologiesIT - Software | 2.63% | 0.65% |
| ITCDiversified FMCG | 2.27% | 0.51% |
| Hyundai Motor IndiaAutomobiles | 1.84% | 0.30% |
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.