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11 of 105 unique stocks in common · Jaccard: 10.5%
A weighted portfolio overlap of 23.29% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.29 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 HDFC Bank, which commands a weight of 6.48% in HDFC Flexi Cap Fund and 8.22% in Tata Large & Mid Cap 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 Tata |
|---|---|---|
| HDFC BankBanks | 6.48% | 8.22% |
| State Bank of IndiaBanks | 4.22% | 5.20% |
| ICICI BankBanks | 8.83% | 3.71% |
| Bharti AirtelTelecom - Services | 2.96% | 3.94% |
| Reliance IndustriesPetroleum Products | 2.01% | 3.90% |
| Larsen & ToubroConstruction | 3.55% | 1.90% |
| Kotak Mahindra BankBanks | 3.43% | 0.72% |
| InfosysIT - Software | 1.32% | 0.68% |
| The Ramco CementsCement & Cement Products | 0.34% | 1.23% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 1.18% | 0.23% |
| PB FintechFinancial Technology (Fintech) | 1.18% | 0.04% |
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.