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25 of 130 unique stocks in common · Jaccard: 19.2%
A weighted portfolio overlap of 33.13% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹33.13 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.48% in HDFC Flexi Cap Fund and 5.47% in Mirae Asset Flexi 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 Mirae |
|---|---|---|
| HDFC BankBanks | 6.48% | 5.47% |
| ICICI BankBanks | 8.83% | 5.11% |
| State Bank of IndiaBanks | 4.22% | 2.53% |
| Bharti AirtelTelecom - Services | 2.96% | 2.33% |
| Larsen & ToubroConstruction | 3.55% | 2.27% |
| Axis BankBanks | 6.84% | 2.13% |
| Reliance IndustriesPetroleum Products | 2.01% | 4.23% |
| SBI Life Insurance CompanyInsurance | 3.76% | 1.37% |
| InfosysIT - Software | 1.32% | 1.86% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 1.18% | 1.54% |
| Maruti Suzuki IndiaAutomobiles | 2.91% | 0.97% |
| EternalRetailing | 2.73% | 0.96% |
| Britannia IndustriesFood Products | 0.77% | 0.82% |
| LupinPharmaceuticals & Biotechnology | 0.74% | 1.38% |
| Oil & Natural Gas CorporationOil | 0.58% | 0.75% |
| Anthem BiosciencesPharmaceuticals & Biotechnology | 0.57% | 1.09% |
| Havells IndiaConsumer Durables | 0.57% | 0.63% |
| Lenskart SolutionsRetailing | 0.51% | 1.54% |
| BSECapital Markets | 0.44% | 1.06% |
| InterGlobe AviationTransport Services | 2.79% | 0.42% |
| Kotak Mahindra BankBanks | 3.43% | 0.40% |
| TVS Motor CompanyAutomobiles | 0.29% | 1.12% |
| ICICI Prudential Asset Management CompanyCapital Markets | 0.12% | 1.13% |
| PB FintechFinancial Technology (Fintech) | 1.18% | 0.05% |
| Bharat ElectronicsAerospace & Defense | 0.02% | 0.93% |
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.