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14 of 104 unique stocks in common · Jaccard: 13.5%
A weighted portfolio overlap of 30.51% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.51 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.26% in HDFC Value Fund and 7.23% in Templeton India Value Fund. Holding both schemes increases your concentration in HDFC 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 Templeton |
|---|---|---|
| HDFC BankBanks | 5.26% | 7.23% |
| ICICI BankBanks | 6.44% | 4.67% |
| Axis BankBanks | 4.27% | 6.78% |
| InfosysIT - Software | 2.70% | 3.45% |
| State Bank of IndiaBanks | 3.49% | 2.66% |
| Reliance IndustriesPetroleum Products | 2.26% | 6.01% |
| NTPCPower | 2.65% | 2.04% |
| HCL TechnologiesIT - Software | 1.46% | 1.33% |
| Maruti Suzuki IndiaAutomobiles | 1.29% | 3.27% |
| PNB Housing FinanceFinance | 1.35% | 1.06% |
| Bharat Petroleum CorporationPetroleum Products | 0.82% | 1.07% |
| CESCPower | 0.80% | 1.69% |
| Balkrishna IndustriesAuto Components | 0.74% | 1.37% |
| Zensar TechnologiesIT - Software | 0.61% | 0.69% |
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.