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8 of 167 unique stocks in common · Jaccard: 4.8%
A weighted portfolio overlap of 9.59% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.59 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.80% in HDFC Dividend Yield Fund and 4.70% in quant Multi Cap Fund. Holding both schemes increases your concentration in ICICI 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 HDFC | in quant |
|---|---|---|
| ICICI BankBanks | 4.80% | 4.70% |
| Reliance IndustriesPetroleum Products | 2.35% | 2.83% |
| Bharti AirtelTelecom - Services | 2.56% | 1.51% |
| Tata CommunicationsTelecom - Services | 0.70% | 1.28% |
| Sun TV NetworkEntertainment | 0.14% | 2.14% |
| Larsen & ToubroConstruction | 2.69% | 0.07% |
| Digitide SolutionsIT - Services | 0.06% | 0.16% |
| Mahindra Holidays & Resorts InLeisure Services | 0.35% | 0.06% |
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.