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23 of 151 unique stocks in common · Jaccard: 15.2%
A weighted portfolio overlap of 35.73% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.73 is allocated to the exact same companies at the same relative proportions. The schemes share 23 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 7.23% in Templeton India Value 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 Templeton |
|---|---|---|
| HDFC BankBanks | 5.18% | 7.23% |
| ICICI BankBanks | 4.80% | 4.67% |
| Axis BankBanks | 3.74% | 6.78% |
| Reliance IndustriesPetroleum Products | 2.35% | 6.01% |
| Maruti Suzuki IndiaAutomobiles | 2.27% | 3.27% |
| NTPCPower | 2.00% | 2.04% |
| State Bank of IndiaBanks | 1.89% | 2.66% |
| InfosysIT - Software | 1.72% | 3.45% |
| Tata SteelFerrous Metals | 1.48% | 2.49% |
| HCL TechnologiesIT - Software | 1.52% | 1.33% |
| Tata Consultancy ServicesIT - Software | 1.33% | 4.01% |
| ITCDiversified FMCG | 1.18% | 2.20% |
| CiplaPharmaceuticals & Biotechnology | 1.09% | 3.36% |
| Oil & Natural Gas CorporationOil | 1.09% | 3.82% |
| CESCPower | 0.97% | 1.69% |
| RBL BankBanks | 0.61% | 2.15% |
| RECFinance | 0.60% | 2.21% |
| GAIL (India)Gas | 0.59% | 1.34% |
| PNB Housing FinanceFinance | 0.59% | 1.06% |
| Tata Motors Passenger VehiclesAutomobiles | 0.42% | 2.08% |
| EmamiPersonal Products | 0.36% | 1.53% |
| Go Fashion IndiaRetailing | 0.14% | 0.36% |
| Whirlpool of IndiaConsumer Durables | 0.39% | 0.13% |
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.