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13 of 139 unique stocks in common · Jaccard: 9.4%
A weighted portfolio overlap of 8.53% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.53 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is Axis Bank, which commands a weight of 1.40% in Franklin India Small Cap Fund ^ and 6.84% in HDFC Flexi Cap Fund. Holding both schemes increases your concentration in Axis 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 Franklin | in HDFC |
|---|---|---|
| Axis BankBanks | 1.40% | 6.84% |
| Tata SteelFerrous Metals | 1.28% | 1.30% |
| HDFC BankBanks | 1.28% | 6.48% |
| Kotak Mahindra BankBanks | 1.05% | 3.43% |
| CiplaPharmaceuticals & Biotechnology | 0.70% | 2.89% |
| Aster DM HealthcareHealthcare Services | 1.80% | 0.64% |
| Piramal PharmaPharmaceuticals & Biotechnology | 0.42% | 1.53% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 1.63% | 0.40% |
| Sapphire Foods IndiaLeisure Services | 1.00% | 0.36% |
| Metropolis HealthcareHealthcare Services | 1.75% | 0.35% |
| The Ramco CementsCement & Cement Products | 0.82% | 0.34% |
| JK Lakshmi CementCement & Cement Products | 0.64% | 0.29% |
| Hexaware TechnologiesIT - Software | 1.40% | 0.03% |
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.