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7 of 97 unique stocks in common · Jaccard: 7.2%
A weighted portfolio overlap of 8.86% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.86 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is Power Grid Corporation of India, which commands a weight of 2.51% in HDFC Flexi Cap Fund and 2.40% in SBI Comma Fund. Holding both schemes increases your concentration in Power Grid Corporation 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 |
|---|---|---|
| Power Grid Corporation of IndiaPower | 2.51% | 2.40% |
| Reliance IndustriesPetroleum Products | 2.01% | 2.15% |
| JSW SteelFerrous Metals | 1.72% | 5.68% |
| Tata SteelFerrous Metals | 1.30% | 7.91% |
| Nuvoco Vistas CorporationCement & Cement Products | 0.60% | 1.86% |
| Oil & Natural Gas CorporationOil | 0.58% | 5.35% |
| Hindustan Petroleum CorporationPetroleum Products | 0.25% | 2.10% |
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.