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4 of 92 unique stocks in common · Jaccard: 4.3%
A weighted portfolio overlap of 12.32% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.32 is allocated to the exact same companies at the same relative proportions. The schemes share 4 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 4.22% in HDFC Flexi Cap Fund and 5.44% in SBI Children's Fund - Investment Plan. Holding both schemes increases your concentration in State Bank of India 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 SBI |
|---|---|---|
| State Bank of IndiaBanks | 4.22% | 5.44% |
| Kotak Mahindra BankBanks | 3.43% | 4.21% |
| ICICI BankBanks | 8.83% | 2.95% |
| JSW SteelFerrous Metals | 1.72% | 2.20% |
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.