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27 of 117 unique stocks in common · Jaccard: 23.1%
A weighted portfolio overlap of 38.51% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹38.51 is allocated to the exact same companies at the same relative proportions. The schemes share 27 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.59% in Aditya Birla Sun Life Bal Bhavishya Yojna and 6.20% in Aditya Birla Sun Life Business Cycle 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 Aditya Birla Sun Life Bal | in Aditya Birla Sun Life Business |
|---|---|---|
| ICICI BankBanks | 5.59% | 6.20% |
| Reliance IndustriesPetroleum Products | 4.03% | 3.15% |
| HDFC BankBanks | 3.95% | 2.98% |
| Bharti AirtelTelecom - Services | 2.69% | 2.46% |
| InfosysIT - Software | 2.78% | 2.41% |
| State Bank of IndiaBanks | 2.11% | 4.05% |
| Tech MahindraIT - Software | 1.75% | 1.88% |
| Mahindra & MahindraAutomobiles | 1.70% | 2.42% |
| Shriram FinanceFinance | 1.91% | 1.53% |
| Larsen & ToubroConstruction | 2.39% | 1.41% |
| AU Small Finance BankBanks | 1.80% | 1.14% |
| Godrej Consumer ProductsPersonal Products | 1.13% | 1.88% |
| Axis BankBanks | 2.92% | 1.13% |
| EternalRetailing | 1.63% | 1.08% |
| MeeshoRetailing | 2.48% | 1.06% |
| Jindal SteelFerrous Metals | 1.04% | 2.30% |
| Ambuja CementsCement & Cement Products | 1.23% | 1.03% |
| V-Guard IndustriesConsumer Durables | 1.27% | 0.99% |
| Kotak Mahindra BankBanks | 0.98% | 2.72% |
| Bluestone Jewellery And LifestyleConsumer Durables | 0.97% | 1.49% |
| Gokaldas ExportsTextiles & Apparels | 0.84% | 0.90% |
| Persistent SystemsIT - Software | 0.71% | 1.35% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.64% | 1.02% |
| VedantaDiversified Metals | 0.47% | 0.75% |
| Malco EnergyOil | 0.11% | 0.17% |
| Talwandi Sabo PowerPower | 0.06% | 0.10% |
| Vedanta Iron And SteelFerrous Metals | 0.03% | 0.05% |
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 Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.