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10 of 114 unique stocks in common · Jaccard: 8.8%
A weighted portfolio overlap of 9.53% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.53 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is HCL Technologies, which commands a weight of 2.47% in HDFC Flexi Cap Fund and 2.95% in Tata Ethical Fund. Holding both schemes increases your concentration in HCL Technologies 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 |
|---|---|---|
| HCL TechnologiesIT - Software | 2.47% | 2.95% |
| CiplaPharmaceuticals & Biotechnology | 2.89% | 2.38% |
| InfosysIT - Software | 1.32% | 7.66% |
| Britannia IndustriesFood Products | 0.77% | 2.09% |
| Hyundai Motor IndiaAutomobiles | 1.70% | 0.64% |
| Havells IndiaConsumer Durables | 0.57% | 1.04% |
| CyientIT - Services | 0.49% | 0.55% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.40% | 2.16% |
| Dixon Technologies (India)Consumer Durables | 0.36% | 0.92% |
| BirlasoftIT - Software | 0.13% | 1.02% |
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.