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9 of 71 unique stocks in common · Jaccard: 12.7%
A weighted portfolio overlap of 19.7% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.7 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 Bharti Airtel, which commands a weight of 5.28% in HDFC Consumption Fund and 5.89% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in Bharti Airtel 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 HDFC | in SBI |
|---|---|---|
| Bharti AirtelTelecom - Services | 5.28% | 5.89% |
| Mahindra & MahindraAutomobiles | 6.40% | 3.07% |
| Hindustan UnileverDiversified FMCG | 8.24% | 2.16% |
| EternalRetailing | 9.35% | 2.02% |
| Maruti Suzuki IndiaAutomobiles | 3.07% | 1.95% |
| Titan CompanyConsumer Durables | 1.70% | 1.88% |
| Asian PaintsConsumer Durables | 3.30% | 1.36% |
| InterGlobe AviationTransport Services | 1.19% | 1.11% |
| TrentRetailing | 2.85% | 1.05% |
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.