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30 of 126 unique stocks in common · Jaccard: 23.8%
A weighted portfolio overlap of 34.94% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹34.94 is allocated to the exact same companies at the same relative proportions. The schemes share 30 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 3.64% in Aditya Birla Sun Life Multi-Cap 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 Multi-Cap |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.03% | 3.64% |
| ICICI BankBanks | 5.59% | 2.77% |
| Larsen & ToubroConstruction | 2.39% | 2.61% |
| State Bank of IndiaBanks | 2.11% | 3.38% |
| Axis BankBanks | 2.92% | 1.86% |
| HDFC BankBanks | 3.95% | 1.86% |
| EternalRetailing | 1.63% | 2.21% |
| Varun BeveragesBeverages | 1.66% | 1.55% |
| Mahindra & MahindraAutomobiles | 1.70% | 1.48% |
| Shriram FinanceFinance | 1.91% | 1.41% |
| InfosysIT - Software | 2.78% | 1.41% |
| TrentRetailing | 1.70% | 1.16% |
| V-Guard IndustriesConsumer Durables | 1.27% | 1.15% |
| Max Financial ServicesInsurance | 1.15% | 1.45% |
| Emcure PharmaceuticalsPharmaceuticals & Biotechnology | 1.43% | 1.11% |
| Jindal SteelFerrous Metals | 1.04% | 1.20% |
| ArvindTextiles & Apparels | 0.85% | 1.01% |
| Bharat Heavy ElectricalsElectrical Equipment | 0.90% | 0.80% |
| One 97 CommunicationsFinancial Technology (Fintech) | 0.75% | 1.67% |
| Persistent SystemsIT - Software | 0.71% | 1.58% |
| Timken IndiaIndustrial Products | 0.92% | 0.67% |
| Tech MahindraIT - Software | 1.75% | 0.67% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.64% | 1.24% |
| Hindalco IndustriesNon - Ferrous Metals | 2.30% | 0.58% |
| CyientIT - Services | 0.68% | 0.58% |
| VedantaDiversified Metals | 0.47% | 0.91% |
| Sumitomo Chemical IndiaFertilizers & Agrochemicals | 1.18% | 0.33% |
| Malco EnergyOil | 0.11% | 0.21% |
| Talwandi Sabo PowerPower | 0.06% | 0.12% |
| Vedanta Iron And SteelFerrous Metals | 0.03% | 0.06% |
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.