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9 of 82 unique stocks in common · Jaccard: 11%
A weighted portfolio overlap of 25.64% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.64 is allocated to the exact same companies at the same relative proportions. The schemes share 9 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 5.47% in SBI Long Term Advantage Fund - Series V. 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 SBI |
|---|---|---|
| HDFC BankBanks | 6.48% | 5.47% |
| ICICI BankBanks | 8.83% | 4.97% |
| State Bank of IndiaBanks | 4.22% | 4.63% |
| Kotak Mahindra BankBanks | 3.43% | 3.26% |
| Eicher MotorsAutomobiles | 2.46% | 4.05% |
| SBI Life Insurance CompanyInsurance | 3.76% | 2.07% |
| InfosysIT - Software | 1.32% | 3.16% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 1.18% | 3.77% |
| Bank of BarodaBanks | 0.69% | 3.03% |
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.