Loading fund overlap…
9 of 84 unique stocks in common · Jaccard: 10.7%
A weighted portfolio overlap of 11.01% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.01 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 3.27% in SBI Equity Hybrid Fund. 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% | 3.27% |
| Asian PaintsConsumer Durables | 3.30% | 1.75% |
| Lenskart SolutionsRetailing | 1.66% | 1.43% |
| Adani PowerPower | 1.24% | 4.03% |
| InterGlobe AviationTransport Services | 1.19% | 2.25% |
| Vishal Mega MartRetailing | 4.68% | 1.01% |
| Max Healthcare InstituteHealthcare Services | 1.09% | 0.80% |
| Varun BeveragesBeverages | 3.42% | 0.21% |
| Brainbees SolutionsRetailing | 0.97% | 0.11% |
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.