Loading fund overlap…
11 of 82 unique stocks in common · Jaccard: 13.4%
A weighted portfolio overlap of 24.78% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.78 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.83% in HDFC Flexi Cap Fund and 6.90% in SBI Long Term Advantage Fund - Series IV. Holding both schemes increases your concentration in ICICI 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 SBI |
|---|---|---|
| ICICI BankBanks | 8.83% | 6.90% |
| State Bank of IndiaBanks | 4.22% | 4.04% |
| Kotak Mahindra BankBanks | 3.43% | 3.22% |
| Eicher MotorsAutomobiles | 2.46% | 4.50% |
| Reliance IndustriesPetroleum Products | 2.01% | 3.73% |
| SBI Life Insurance CompanyInsurance | 3.76% | 1.91% |
| InfosysIT - Software | 1.32% | 3.85% |
| Tata SteelFerrous Metals | 1.30% | 3.26% |
| Bank of BarodaBanks | 0.69% | 3.51% |
| Kalpataru Projects InternationalConstruction | 0.59% | 2.73% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.34% | 2.03% |
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.