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8 of 101 unique stocks in common · Jaccard: 7.9%
A weighted portfolio overlap of 7.96% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.96 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 Reliance Industries, which commands a weight of 2.01% in HDFC Flexi Cap Fund and 1.91% in Tata Resources & Energy Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 2.01% | 1.91% |
| JSW SteelFerrous Metals | 1.72% | 2.78% |
| Tata SteelFerrous Metals | 1.30% | 4.52% |
| Power Grid Corporation of IndiaPower | 2.51% | 1.26% |
| Nuvoco Vistas CorporationCement & Cement Products | 0.60% | 0.73% |
| Oil & Natural Gas CorporationOil | 0.58% | 4.23% |
| The Ramco CementsCement & Cement Products | 0.34% | 1.60% |
| Hindustan Petroleum CorporationPetroleum Products | 0.25% | 1.85% |
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.