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7 of 91 unique stocks in common · Jaccard: 7.7%
A weighted portfolio overlap of 8.63% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.63 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 HDFC Bank, which commands a weight of 6.48% in HDFC Flexi Cap Fund and 2.21% in SBI Quant Fund. 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% | 2.21% |
| Bajaj AutoAutomobiles | 1.78% | 5.07% |
| Axis BankBanks | 6.84% | 1.36% |
| InfosysIT - Software | 1.32% | 3.04% |
| ICICI BankBanks | 8.83% | 0.73% |
| Reliance IndustriesPetroleum Products | 2.01% | 0.65% |
| Oil & Natural Gas CorporationOil | 0.58% | 3.40% |
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.