Loading fund overlap…
16 of 154 unique stocks in common · Jaccard: 10.4%
A weighted portfolio overlap of 25.58% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.58 is allocated to the exact same companies at the same relative proportions. The schemes share 16 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 4.04% in SBI Equity Hybrid 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 | 4.80% | 4.04% |
| Bharti AirtelTelecom - Services | 2.56% | 3.27% |
| Larsen & ToubroConstruction | 2.69% | 2.50% |
| HDFC BankBanks | 5.18% | 2.39% |
| Reliance IndustriesPetroleum Products | 2.35% | 2.36% |
| Kotak Mahindra BankBanks | 2.12% | 3.20% |
| State Bank of IndiaBanks | 1.89% | 3.79% |
| InfosysIT - Software | 1.72% | 1.65% |
| Coal IndiaConsumable Fuels | 1.31% | 1.80% |
| Tata Consultancy ServicesIT - Software | 1.33% | 1.08% |
| NTPCPower | 2.00% | 0.88% |
| ITCDiversified FMCG | 1.18% | 0.79% |
| AIA EngineeringIndustrial Products | 0.72% | 1.55% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.48% | 2.62% |
| Asian PaintsConsumer Durables | 0.45% | 1.75% |
| InterGlobe AviationTransport Services | 0.37% | 2.25% |
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.