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8 of 130 unique stocks in common · Jaccard: 6.2%
A weighted portfolio overlap of 8.48% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.48 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Eternal, which commands a weight of 1.63% in Aditya Birla Sun Life Bal Bhavishya Yojna and 2.04% in Kotak Midcap Fund. Holding both schemes increases your concentration in Eternal 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 Kotak |
|---|---|---|
| EternalRetailing | 1.63% | 2.04% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 1.33% | 1.61% |
| Max Financial ServicesInsurance | 1.15% | 1.47% |
| Dixon Technologies (India)Consumer Durables | 1.13% | 2.10% |
| Jindal SteelFerrous Metals | 1.04% | 0.96% |
| Aster DM HealthcareHealthcare Services | 0.89% | 0.89% |
| Persistent SystemsIT - Software | 0.71% | 1.62% |
| RECFinance | 0.83% | 0.69% |
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.