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20 of 160 unique stocks in common · Jaccard: 12.5%
A weighted portfolio overlap of 25.26% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.26 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.58% in HDFC Dividend Yield Fund and 6.88% in SBI Dividend Yield 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 SBI |
|---|---|---|
| ICICI BankBanks | 5.58% | 6.88% |
| Larsen & ToubroConstruction | 2.68% | 3.93% |
| Kotak Mahindra BankBanks | 2.33% | 2.16% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.20% | 2.09% |
| Tech MahindraIT - Software | 2.26% | 2.07% |
| Eicher MotorsAutomobiles | 1.65% | 1.88% |
| Bharti AirtelTelecom - Services | 2.55% | 1.27% |
| Aster DM Quality CareHealthcare Services | 1.26% | 1.33% |
| Oil & Natural Gas CorporationOil | 0.91% | 1.10% |
| Nestle IndiaFood Products | 0.86% | 2.12% |
| CESCPower | 0.78% | 1.71% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.68% | 1.70% |
| GAIL (India)Gas | 0.64% | 2.08% |
| BioconPharmaceuticals & Biotechnology | 0.54% | 1.95% |
| SKF India (Industrial)Industrial Products | 0.50% | 1.26% |
| Asian PaintsConsumer Durables | 0.45% | 1.55% |
| Interglobe AviationTransport Services | 0.45% | 2.57% |
| Mahindra & MahindraAutomobiles | 0.41% | 2.30% |
| BoschAuto Components | 0.71% | 0.18% |
| Timken IndiaIndustrial Products | 0.10% | 1.10% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.