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15 of 124 unique stocks in common · Jaccard: 12.1%
A weighted portfolio overlap of 27.8% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.8 is allocated to the exact same companies at the same relative proportions. The schemes share 15 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 8.83% in HDFC Flexi Cap 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 | in HDFC |
|---|---|---|
| ICICI BankBanks | 5.59% | 8.83% |
| HDFC BankBanks | 3.95% | 6.48% |
| Axis BankBanks | 2.92% | 6.84% |
| Bharti AirtelTelecom - Services | 2.69% | 2.96% |
| Larsen & ToubroConstruction | 2.39% | 3.55% |
| State Bank of IndiaBanks | 2.11% | 4.22% |
| Reliance IndustriesPetroleum Products | 4.03% | 2.01% |
| EternalRetailing | 1.63% | 2.73% |
| InfosysIT - Software | 2.78% | 1.32% |
| Kotak Mahindra BankBanks | 0.98% | 3.43% |
| Persistent SystemsIT - Software | 0.71% | 1.25% |
| Aster DM HealthcareHealthcare Services | 0.89% | 0.64% |
| CyientIT - Services | 0.68% | 0.49% |
| Dixon Technologies (India)Consumer Durables | 1.13% | 0.36% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.02% | 1.18% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.