Loading fund overlap…
7 of 108 unique stocks in common · Jaccard: 6.5%
A weighted portfolio overlap of 3.87% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹3.87 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is Persistent Systems, which commands a weight of 1.25% in HDFC Flexi Cap Fund and 1.79% in Tata Nifty Midcap 150 Momentum 50 Index Fund. Holding both schemes increases your concentration in Persistent Systems 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 |
|---|---|---|
| Persistent SystemsIT - Software | 1.25% | 1.79% |
| FSN E-Commerce VenturesRetailing | 0.80% | 2.69% |
| LupinPharmaceuticals & Biotechnology | 0.74% | 1.46% |
| BSECapital Markets | 0.44% | 7.56% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.34% | 2.83% |
| Hindustan Petroleum CorporationPetroleum Products | 0.25% | 1.45% |
| Nippon Life India Asset ManagementCapital Markets | 0.05% | 0.81% |
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.