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14 of 118 unique stocks in common · Jaccard: 11.9%
A weighted portfolio overlap of 20.68% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.68 is allocated to the exact same companies at the same relative proportions. The schemes share 14 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 2.99% in Lic Mf Children’S 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 Lic |
|---|---|---|
| HDFC BankBanks | 3.95% | 2.99% |
| Axis BankBanks | 2.92% | 3.60% |
| Larsen & ToubroConstruction | 2.39% | 2.76% |
| ICICI BankBanks | 5.59% | 2.32% |
| State Bank of IndiaBanks | 2.11% | 2.40% |
| Mahindra & MahindraAutomobiles | 1.70% | 1.78% |
| Tech MahindraIT - Software | 1.75% | 1.13% |
| Kotak Mahindra BankBanks | 0.98% | 2.27% |
| Bikaji Foods InternationalFood Products | 0.86% | 0.97% |
| RECFinance | 0.83% | 0.82% |
| Shriram FinanceFinance | 1.91% | 0.80% |
| One 97 CommunicationsFinancial Technology (Fintech) | 0.75% | 0.89% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.51% | 1.39% |
| EternalRetailing | 1.63% | 0.40% |
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.