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9 of 85 unique stocks in common · Jaccard: 10.6%
A weighted portfolio overlap of 18.77% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.77 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.44% in HDFC Infrastructure Fund and 6.90% in SBI Long Term Advantage Fund - Series IV. 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 SBI |
|---|---|---|
| ICICI BankBanks | 4.44% | 6.90% |
| Reliance IndustriesPetroleum Products | 2.82% | 3.73% |
| Kalpataru Projects InternationalConstruction | 4.13% | 2.73% |
| Tata SteelFerrous Metals | 2.17% | 3.26% |
| G R InfraprojectsConstruction | 2.14% | 2.35% |
| State Bank of IndiaBanks | 1.69% | 4.04% |
| DelhiveryTransport Services | 1.51% | 4.02% |
| Aavas FinanciersFinance | 1.01% | 2.81% |
| Afcons InfrastructureConstruction | 0.26% | 1.77% |
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.