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19 of 159 unique stocks in common · Jaccard: 11.9%
A weighted portfolio overlap of 24.01% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.01 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 8.22% in Tata Large & Mid Cap 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% | 8.22% |
| ICICI BankBanks | 4.80% | 3.71% |
| Bharti AirtelTelecom - Services | 2.56% | 3.94% |
| Reliance IndustriesPetroleum Products | 2.35% | 3.90% |
| Larsen & ToubroConstruction | 2.69% | 1.90% |
| State Bank of IndiaBanks | 1.89% | 5.20% |
| Ambuja CementsCement & Cement Products | 1.04% | 1.44% |
| Tata Consultancy ServicesIT - Software | 1.33% | 0.91% |
| ITCDiversified FMCG | 1.18% | 0.85% |
| Kotak Mahindra BankBanks | 2.12% | 0.72% |
| Tata CommunicationsTelecom - Services | 0.70% | 2.90% |
| InfosysIT - Software | 1.72% | 0.68% |
| NHPCPower | 0.55% | 0.80% |
| Tata Motors Passenger VehiclesAutomobiles | 0.42% | 1.06% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.48% | 0.23% |
| Quess CorpCommercial Services & Supplies | 0.15% | 0.64% |
| Bluspring EnterprisesCommercial Services & Supplies | 0.06% | 0.24% |
| Digitide SolutionsIT - Services | 0.06% | 0.26% |
| ITC HotelsLeisure Services | 0.06% | 0.05% |
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.