HDFC Large Cap Fund vs SBI Large Cap Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
45.5%
Moderate overlap
Some shared stocks, different bets.
17
Common stocks
30
Only in HDFC Large Cap Fund
35
Only in SBI Large Cap Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
17 common stocks
HDFC Large Cap FundSBI Large Cap Fund| Stock | HDFC Large Cap Fund | SBI Large Cap Fund | Overlap |
|---|---|---|---|
| ICICI Bank LtdFinancial Services | 10.05% | 8.66% | 8.66% |
| HDFC Bank LtdFinancial Services | 6.88% | 7.78% | 6.88% |
| Kotak Mahindra Bank LtdFinancial Services | 5.71% | 3.65% | 3.65% |
| Reliance Industries LtdEnergy | 4.78% | 3.59% | 3.59% |
| Axis Bank LtdFinancial Services | 3.49% | 3.24% | 3.24% |
| Infosys LtdTechnology | 2.76% | 3.66% | 2.76% |
| Cholamandalam Investment and Finance Company LtdFinancial Services | 2.44% | 2.22% | 2.22% |
| Bharti Airtel LtdCommunication Services | 6.23% | 2.10% | 2.10% |
| TML Commercial Vehicles LtdIndustrials | 2.02% | 3.25% | 2.02% |
| Larsen & Toubro LtdIndustrials | 1.99% | 5.43% | 1.99% |
| State Bank Of IndiaFinancial Services | 1.89% | 3.67% | 1.89% |
| Zomato LtdConsumer Discretionary | 2.49% | 1.73% | 1.73% |
| Mankind Pharma LtdHealthcare | 1.66% | 1.79% | 1.66% |
| ICICI Prudential Asset Management Co LtdFinancial Services | 1.43% | 1.13% | 1.13% |
| Interglobe Aviation LtdTransportation & Logistics | 1.97% | 1.04% | 1.04% |
| Adani Ports And Special Economic Zone LtdTransportation & Logistics | 0.87% | 0.58% | 0.58% |
| Life Insurance Corporation Of IndiaFinancial Services | 0.41% | 0.97% | 0.41% |
| Total | 57.07% | 54.49% | 45.55% |
Only in HDFC Large Cap Fund
30 stocks, 41.5% of the fund
- Titan Company LtdConsumer Discretionary5.27%
- Torrent Pharmaceuticals LtdHealthcare4.04%
- Bajaj Finserv LtdFinancial Services3.33%
- Bajaj Auto LtdConsumer Discretionary2.93%
- Lupin LtdHealthcare2.53%
- Ambuja Cements LtdMaterials2.24%
- NTPC LtdUtilities1.83%
- United Spirits LtdConsumer Staples1.78%
- Max Healthcare Institute LtdHealthcare1.72%
- Indusind Bank LtdFinancial Services1.57%
Only in SBI Large Cap Fund
35 stocks, 43.5% of the fund
- Samvardhana Motherson International LtdConsumer Discretionary3.77%
- Asian Paints LtdConsumer Discretionary3.56%
- Divi'S Laboratories LtdHealthcare3.49%
- HDFC Life Insurance Company LtdFinancial Services2.86%
- Avenue Supermarts LtdConsumer Discretionary2.18%
- Page Industries LtdConsumer Discretionary2.06%
- Shree Cements LtdMaterials2.00%
- Sun Pharmaceutical Industries LtdHealthcare1.98%
- Tech Mahindra LtdTechnology1.92%
- Varun Beverages LtdConsumer Staples1.78%
Check another pair
More Large Cap pairs
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- ICICI Prudential Large Cap Fund vs Mirae Asset Large Cap Fund
- SBI Large Cap Fund vs Nippon India Large Cap Fund
- SBI Large Cap Fund vs Mirae Asset Large Cap Fund
What is mutual fund portfolio overlap?
Portfolio overlap is the share of two funds' money that sits in the same stocks in the same amounts. Two flexi cap funds that both hold HDFC Bank, ICICI Bank and Reliance overlap by the smaller of their weights in each of those stocks.
How is portfolio overlap calculated?
For every stock both funds hold, take the smaller of the two weights, then add them up. If one fund holds HDFC Bank at 8% and the other at 5%, that stock adds 5% to the overlap. Only shares count; cash, bonds, deposits and REITs are left out. The figures use each fund's latest monthly portfolio disclosure.
Is high overlap between two funds bad?
Not by itself. RuDo studied 33,153 pairs of diversified equity funds over five years to September 2026. Funds from different fund houses with 50% to 70% overlap shared mostly the index's largest stocks, and holding both still made returns swing 12% to 15% less around the index than holding either one. Overlap above 70% came mostly from two funds of the same fund house, which hold nearly the same portfolio.
How often does the overlap change?
Fund houses disclose their portfolios every month, so the overlap is refreshed as each new disclosure arrives. It moves slowly for most diversified funds and faster for focused or high-turnover funds.
Based on each fund's monthly portfolio disclosure. Past performance does not indicate future returns.