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30 of 166 unique stocks in common · Jaccard: 18.1%
A weighted portfolio overlap of 25.79% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.79 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 HDFC Bank, which commands a weight of 3.95% in Aditya Birla Sun Life Bal Bhavishya Yojna and 5.97% in ICICI Prudential Multi-Asset Fund. Holding both schemes increases your concentration in HDFC 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 ICICI |
|---|---|---|
| HDFC BankBanks | 3.95% | 5.97% |
| ICICI BankBanks | 5.59% | 3.76% |
| Reliance IndustriesPetroleum Products | 4.03% | 3.42% |
| Axis BankBanks | 2.92% | 2.28% |
| InfosysIT - Software | 2.78% | 1.83% |
| IndusInd BankBanks | 1.14% | 1.35% |
| Larsen & ToubroConstruction | 2.39% | 1.04% |
| State Bank of IndiaBanks | 2.11% | 1.00% |
| Kotak Mahindra BankBanks | 0.98% | 1.29% |
| United BreweriesBeverages | 0.97% | 0.71% |
| Bajaj FinanceFinance | 1.10% | 0.52% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.51% | 0.82% |
| Bharti AirtelTelecom - Services | 2.69% | 0.50% |
| Mahindra & MahindraAutomobiles | 1.70% | 0.45% |
| Tech MahindraIT - Software | 1.75% | 0.45% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.64% | 0.42% |
| Grasim IndustriesCement & Cement Products | 1.19% | 0.37% |
| Samvardhana Motherson InternationalAuto Components | 1.20% | 0.36% |
| Hindalco IndustriesNon - Ferrous Metals | 2.30% | 0.33% |
| UPLFertilizers & Agrochemicals | 1.46% | 0.33% |
| V-Guard IndustriesConsumer Durables | 1.27% | 0.27% |
| TrentRetailing | 1.70% | 0.25% |
| Rainbow Childrens MedicareHealthcare Services | 1.54% | 0.24% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.06% | 0.18% |
| Ambuja CementsCement & Cement Products | 1.23% | 0.16% |
| Jindal SteelFerrous Metals | 1.04% | 0.12% |
| Dabur IndiaPersonal Products | 1.50% | 0.12% |
| Tata ChemicalsChemicals & Petrochemicals | 1.03% | 0.06% |
| Talwandi Sabo PowerPower | 0.06% | 0.03% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.02% | 0.08% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.