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13 of 101 unique stocks in common · Jaccard: 12.9%
A weighted portfolio overlap of 14.82% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.82 is allocated to the exact same companies at the same relative proportions. The schemes share 13 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 3.73% in quant Arbitrage 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 quant |
|---|---|---|
| HDFC BankBanks | 6.48% | 3.73% |
| Reliance IndustriesPetroleum Products | 2.01% | 4.22% |
| Max Healthcare InstituteHealthcare Services | 1.38% | 1.48% |
| Bharti AirtelTelecom - Services | 2.96% | 1.28% |
| JSW SteelFerrous Metals | 1.72% | 1.20% |
| Kotak Mahindra BankBanks | 3.43% | 1.07% |
| ICICI BankBanks | 8.83% | 0.97% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 1.18% | 0.91% |
| Power Grid Corporation of IndiaPower | 2.51% | 0.58% |
| Oil & Natural Gas CorporationOil | 0.58% | 1.10% |
| State Bank of IndiaBanks | 4.22% | 0.48% |
| United SpiritsBeverages | 0.72% | 0.37% |
| Hindustan Petroleum CorporationPetroleum Products | 0.25% | 2.23% |
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.