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8 of 85 unique stocks in common · Jaccard: 9.4%
A weighted portfolio overlap of 24.05% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.05 is allocated to the exact same companies at the same relative proportions. The schemes share 8 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 8.37% in Tata Housing Opportunities 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 Tata |
|---|---|---|
| ICICI BankBanks | 8.83% | 8.37% |
| HDFC BankBanks | 6.48% | 9.40% |
| Larsen & ToubroConstruction | 3.55% | 5.76% |
| State Bank of IndiaBanks | 4.22% | 1.84% |
| JSW SteelFerrous Metals | 1.72% | 4.72% |
| Tata SteelFerrous Metals | 1.30% | 1.96% |
| Prestige Estates ProjectsRealty | 0.45% | 4.49% |
| The Ramco CementsCement & Cement Products | 0.34% | 0.94% |
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.