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6 of 75 unique stocks in common · Jaccard: 8%
A weighted portfolio overlap of 8.88% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.88 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is Maruti Suzuki India, which commands a weight of 2.91% in HDFC Flexi Cap Fund and 14.63% in Tata Nifty Auto Index Fund. Holding both schemes increases your concentration in Maruti Suzuki India 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 |
|---|---|---|
| Maruti Suzuki IndiaAutomobiles | 2.91% | 14.63% |
| Eicher MotorsAutomobiles | 2.46% | 8.39% |
| Bajaj AutoAutomobiles | 1.78% | 9.84% |
| BoschAuto Components | 1.10% | 2.70% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.34% | 3.78% |
| TVS Motor CompanyAutomobiles | 0.29% | 6.69% |
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.