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14 of 93 unique stocks in common · Jaccard: 15.1%
A weighted portfolio overlap of 16.89% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.89 is allocated to the exact same companies at the same relative proportions. The schemes share 14 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 4.18% in SBI Quality Fund. 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% | 4.18% |
| State Bank of IndiaBanks | 4.22% | 1.98% |
| Bajaj AutoAutomobiles | 1.78% | 7.07% |
| HCL TechnologiesIT - Software | 2.47% | 1.50% |
| InfosysIT - Software | 1.32% | 2.27% |
| Persistent SystemsIT - Software | 1.25% | 2.31% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 1.18% | 1.89% |
| Eicher MotorsAutomobiles | 2.46% | 0.97% |
| Britannia IndustriesFood Products | 0.77% | 2.00% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.58% | 2.01% |
| Anthem BiosciencesPharmaceuticals & Biotechnology | 0.57% | 2.09% |
| EternalRetailing | 2.73% | 0.50% |
| TVS Motor CompanyAutomobiles | 0.29% | 2.48% |
| Bharat ElectronicsAerospace & Defense | 0.02% | 4.96% |
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.