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23 of 309 unique stocks in common · Jaccard: 7.4%
A weighted portfolio overlap of 10.85% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.85 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 5.71% in HDFC Flexi Cap Fund and 1.71% in Nippon India Small 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 Nippon |
|---|---|---|
| HDFC BankBanks | 5.71% | 1.71% |
| State Bank of IndiaBanks | 4.16% | 1.28% |
| Axis BankBanks | 6.19% | 0.94% |
| Aster DM Quality CareHealthcare Services | 0.81% | 0.80% |
| Acme Solar HoldingsPower | 0.57% | 1.19% |
| Craftsman AutomationAuto Components | 0.56% | 0.81% |
| Kalpataru Projects InternationalConstruction | 0.56% | 0.61% |
| United SpiritsBeverages | 0.75% | 0.47% |
| Kotak Mahindra BankBanks | 3.27% | 0.43% |
| Persistent SystemsIT - Software | 1.34% | 0.37% |
| Dixon Technologies (India)Consumer Durables | 0.32% | 0.67% |
| Metropolis HealthcareHealthcare Services | 0.33% | 0.32% |
| Bharat ElectronicsAerospace & Defense | 0.62% | 0.31% |
| Sapphire Foods IndiaLeisure Services | 0.41% | 0.31% |
| The Ramco CementsCement & Cement Products | 0.31% | 0.54% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.30% | 0.44% |
| Dr. Lal Path LabsHealthcare Services | 0.71% | 0.30% |
| Apar IndustriesElectrical Equipment | 0.26% | 1.73% |
| CIE Automotive IndiaAuto Components | 0.34% | 0.24% |
| SwiggyRetailing | 0.27% | 0.15% |
| Escorts KubotaAgricultural, Commercial & Construction Vehicles | 0.32% | 0.14% |
| Piramal PharmaPharmaceuticals & Biotechnology | 1.44% | 0.13% |
| JK Lakshmi CementCement & Cement Products | 0.23% | 0.07% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.