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16 of 80 unique stocks in common · Jaccard: 20%
A weighted portfolio overlap of 45.09% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹45.09 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.86% in HDFC Large Cap Fund and 8.51% in SBI Large Cap Fund. 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 | 9.86% | 8.51% |
| HDFC BankBanks | 7.21% | 8.17% |
| Reliance IndustriesPetroleum Products | 4.86% | 5.43% |
| Axis BankBanks | 3.28% | 3.05% |
| InfosysIT - Software | 2.73% | 3.63% |
| Kotak Mahindra BankBanks | 5.28% | 2.68% |
| Bharti AirtelTelecom - Services | 5.85% | 2.28% |
| Cholamandalam Investment and Finance CompanyFinance | 2.41% | 2.20% |
| Larsen & ToubroConstruction | 1.93% | 5.26% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.86% | 2.99% |
| State Bank of IndiaBanks | 1.82% | 3.54% |
| Mankind PharmaPharmaceuticals & Biotechnology | 1.68% | 1.81% |
| EternalRetailing | 2.28% | 1.58% |
| ICICI Prudential Asset Management CompanyCapital Markets | 1.06% | 1.14% |
| InterGlobe AviationTransport Services | 1.93% | 1.03% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.92% | 0.61% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.