Loading fund overlap…
17 of 122 unique stocks in common · Jaccard: 13.9%
A weighted portfolio overlap of 17.04% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.04 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 4.03% in Aditya Birla Sun Life Bal Bhavishya Yojna and 4.53% in Aditya Birla Sun Life Manufacturing Equity Fund. Holding both schemes increases your concentration in Reliance Industries 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 Manufacturing |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.03% | 4.53% |
| Hindalco IndustriesNon - Ferrous Metals | 2.30% | 5.38% |
| Mahindra & MahindraAutomobiles | 1.70% | 3.87% |
| Samvardhana Motherson InternationalAuto Components | 1.20% | 2.02% |
| Jindal SteelFerrous Metals | 1.04% | 2.71% |
| Welspun CorpIndustrial Products | 2.16% | 0.99% |
| United BreweriesBeverages | 0.97% | 2.11% |
| Bluestone Jewellery And LifestyleConsumer Durables | 0.97% | 1.44% |
| V-Guard IndustriesConsumer Durables | 1.27% | 0.86% |
| Gokaldas ExportsTextiles & Apparels | 0.84% | 1.06% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.64% | 1.75% |
| Dixon Technologies (India)Consumer Durables | 1.13% | 0.48% |
| VedantaDiversified Metals | 0.47% | 1.29% |
| ThermaxElectrical Equipment | 0.35% | 1.15% |
| Malco EnergyOil | 0.11% | 0.29% |
| Talwandi Sabo PowerPower | 0.06% | 0.17% |
| Vedanta Iron And SteelFerrous Metals | 0.03% | 0.09% |
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.