Loading fund overlap…
7 of 162 unique stocks in common · Jaccard: 4.3%
A weighted portfolio overlap of 3.94% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹3.94 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 Kirloskar Oil Engines, which commands a weight of 3.95% in DSP Small Cap Fund and 0.97% in Nippon India Flexi Cap Fund. Holding both schemes increases your concentration in Kirloskar Oil Engines 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 Nippon |
|---|---|---|
| Kirloskar Oil EnginesIndustrial Products | 3.95% | 0.97% |
| Gland PharmaPharmaceuticals & Biotechnology | 1.61% | 0.95% |
| R R KabelIndustrial Products | 1.45% | 0.71% |
| Harsha Engineers InternationalIndustrial Products | 1.51% | 0.57% |
| CyientIT - Services | 1.48% | 0.34% |
| Equitas Small Finance BankBanks | 0.35% | 0.32% |
| Happy ForgingsIndustrial Products | 0.54% | 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.