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9 of 198 unique stocks in common · Jaccard: 4.5%
A weighted portfolio overlap of 2.85% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹2.85 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Vardhman Textiles, which commands a weight of 1.20% in DSP Small Cap Fund and 0.63% in HDFC Dividend Yield Fund. Holding both schemes increases your concentration in Vardhman Textiles 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 HDFC |
|---|---|---|
| Vardhman TextilesTextiles & Apparels | 1.20% | 0.63% |
| PNB Housing FinanceFinance | 1.43% | 0.59% |
| CyientIT - Services | 1.48% | 0.40% |
| Gland PharmaPharmaceuticals & Biotechnology | 1.61% | 0.40% |
| GHCLChemicals & Petrochemicals | 0.56% | 0.30% |
| West Coast Paper MillsPaper, Forest & Jute Products | 0.62% | 0.18% |
| Voltamp TransformersElectrical Equipment | 1.35% | 0.17% |
| Techno Electric & Engineering CompanyConstruction | 1.47% | 0.14% |
| GHCL TextilesTextiles & Apparels | 0.04% | 0.07% |
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.