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25 of 118 unique stocks in common · Jaccard: 21.2%
A weighted portfolio overlap of 31.02% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.02 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 5.25% in Nippon India Vision 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 | 6.48% | 5.25% |
| ICICI BankBanks | 8.83% | 4.54% |
| Larsen & ToubroConstruction | 3.55% | 2.38% |
| Reliance IndustriesPetroleum Products | 2.01% | 4.27% |
| State Bank of IndiaBanks | 4.22% | 1.96% |
| Axis BankBanks | 6.84% | 1.52% |
| Bharti AirtelTelecom - Services | 2.96% | 1.46% |
| Maruti Suzuki IndiaAutomobiles | 2.91% | 1.41% |
| Eicher MotorsAutomobiles | 2.46% | 1.32% |
| Persistent SystemsIT - Software | 1.25% | 1.19% |
| EternalRetailing | 2.73% | 0.97% |
| InfosysIT - Software | 1.32% | 0.94% |
| SBI Life Insurance CompanyInsurance | 3.76% | 0.89% |
| BoschAuto Components | 1.10% | 0.82% |
| United SpiritsBeverages | 0.72% | 0.77% |
| InterGlobe AviationTransport Services | 2.79% | 0.62% |
| Havells IndiaConsumer Durables | 0.57% | 1.17% |
| Max Healthcare InstituteHealthcare Services | 1.38% | 0.56% |
| Bajaj AutoAutomobiles | 1.78% | 0.39% |
| Dixon Technologies (India)Consumer Durables | 0.36% | 2.94% |
| Oil & Natural Gas CorporationOil | 0.58% | 0.31% |
| HCL TechnologiesIT - Software | 2.47% | 0.30% |
| TVS Motor CompanyAutomobiles | 0.29% | 0.99% |
| LupinPharmaceuticals & Biotechnology | 0.74% | 0.22% |
| Bharat ElectronicsAerospace & Defense | 0.02% | 1.46% |
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.