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19 of 160 unique stocks in common · Jaccard: 11.9%
A weighted portfolio overlap of 29.47% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.47 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.18% in HDFC Dividend Yield Fund and 5.89% in Tata Childrens Fund. Holding both schemes increases your concentration in HDFC 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 Tata |
|---|---|---|
| HDFC BankBanks | 5.18% | 5.89% |
| ICICI BankBanks | 4.80% | 3.82% |
| Axis BankBanks | 3.74% | 3.23% |
| Larsen & ToubroConstruction | 2.69% | 3.72% |
| Reliance IndustriesPetroleum Products | 2.35% | 5.23% |
| Kotak Mahindra BankBanks | 2.12% | 3.51% |
| InfosysIT - Software | 1.72% | 2.24% |
| IndusInd BankBanks | 1.47% | 1.39% |
| Tata Consultancy ServicesIT - Software | 1.33% | 1.92% |
| ITCDiversified FMCG | 1.18% | 1.96% |
| Hindustan UnileverDiversified FMCG | 1.09% | 2.62% |
| CESCPower | 0.97% | 1.66% |
| HDFC Life Insurance CompanyInsurance | 0.63% | 1.81% |
| Indraprastha GasGas | 0.46% | 1.37% |
| Tata Motors Passenger VehiclesAutomobiles | 0.42% | 1.20% |
| Whirlpool of IndiaConsumer Durables | 0.39% | 0.70% |
| PNC InfratechConstruction | 0.29% | 0.93% |
| Castrol IndiaPetroleum Products | 0.20% | 1.11% |
| Kwality Walls IndiaFood Products | 0.01% | 0.03% |
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.