Loading fund overlap…
11 of 104 unique stocks in common · Jaccard: 10.6%
A weighted portfolio overlap of 13.19% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.19 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 Bharti Airtel, which commands a weight of 2.96% in HDFC Flexi Cap Fund and 4.86% in Tata Digital India Fund. Holding both schemes increases your concentration in Bharti Airtel 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 Tata |
|---|---|---|
| Bharti AirtelTelecom - Services | 2.96% | 4.86% |
| EternalRetailing | 2.73% | 5.29% |
| HCL TechnologiesIT - Software | 2.47% | 3.80% |
| InfosysIT - Software | 1.32% | 16.88% |
| Persistent SystemsIT - Software | 1.25% | 3.20% |
| PB FintechFinancial Technology (Fintech) | 1.18% | 3.38% |
| CyientIT - Services | 0.49% | 1.74% |
| Dixon Technologies (India)Consumer Durables | 0.36% | 1.55% |
| SwiggyRetailing | 0.27% | 1.33% |
| BirlasoftIT - Software | 0.13% | 0.99% |
| Hexaware TechnologiesIT - Software | 0.03% | 0.53% |
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.