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13 of 87 unique stocks in common · Jaccard: 14.9%
A weighted portfolio overlap of 20.58% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.58 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 Bharti Airtel, which commands a weight of 5.28% in HDFC Consumption Fund and 5.19% in SBI Nifty 50 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% | 5.19% |
| Mahindra & MahindraAutomobiles | 6.40% | 2.52% |
| Hindustan UnileverDiversified FMCG | 8.24% | 1.77% |
| EternalRetailing | 9.35% | 1.67% |
| Maruti Suzuki IndiaAutomobiles | 3.07% | 1.59% |
| Titan CompanyConsumer Durables | 1.70% | 1.55% |
| Asian PaintsConsumer Durables | 3.30% | 1.12% |
| Bajaj AutoAutomobiles | 2.13% | 1.07% |
| Nestle IndiaFood Products | 2.40% | 0.94% |
| InterGlobe AviationTransport Services | 1.19% | 0.92% |
| TrentRetailing | 2.85% | 0.87% |
| Tata Consumer ProductsAgricultural Food & Other Products | 1.14% | 0.71% |
| Max Healthcare InstituteHealthcare Services | 1.09% | 0.66% |
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.