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25 of 105 unique stocks in common · Jaccard: 23.8%
A weighted portfolio overlap of 35.65% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.65 is allocated to the exact same companies at the same relative proportions. The schemes share 25 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 5.93% in Aditya Birla Sun Life Retirement Fund - The 40S Plan. 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 Retirement |
|---|---|---|
| ICICI BankBanks | 5.59% | 5.93% |
| HDFC BankBanks | 3.95% | 4.31% |
| Reliance IndustriesPetroleum Products | 4.03% | 3.33% |
| InfosysIT - Software | 2.78% | 3.41% |
| Hindalco IndustriesNon - Ferrous Metals | 2.30% | 2.30% |
| Axis BankBanks | 2.92% | 2.25% |
| Larsen & ToubroConstruction | 2.39% | 2.13% |
| State Bank of IndiaBanks | 2.11% | 2.71% |
| Max Financial ServicesInsurance | 1.15% | 1.26% |
| Dixon Technologies (India)Consumer Durables | 1.13% | 1.11% |
| EternalRetailing | 1.63% | 1.09% |
| Kotak Mahindra BankBanks | 0.98% | 2.07% |
| Bluestone Jewellery And LifestyleConsumer Durables | 0.97% | 1.34% |
| Bajaj FinanceFinance | 1.10% | 0.90% |
| MeeshoRetailing | 2.48% | 0.77% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.06% | 0.73% |
| Timken IndiaIndustrial Products | 0.92% | 0.67% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.64% | 0.98% |
| Godrej Consumer ProductsPersonal Products | 1.13% | 0.61% |
| Devyani InternationalLeisure Services | 0.57% | 0.69% |
| VedantaDiversified Metals | 0.47% | 0.72% |
| ThermaxElectrical Equipment | 0.35% | 0.99% |
| Malco EnergyOil | 0.11% | 0.16% |
| 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.