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15 of 108 unique stocks in common · Jaccard: 13.9%
A weighted portfolio overlap of 19.15% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.15 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 HDFC Bank, which commands a weight of 3.95% in Aditya Birla Sun Life Bal Bhavishya Yojna and 2.17% in Lic Mf Value 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% | 2.17% |
| State Bank of IndiaBanks | 2.11% | 3.34% |
| Larsen & ToubroConstruction | 2.39% | 2.02% |
| ICICI BankBanks | 5.59% | 1.99% |
| Shriram FinanceFinance | 1.91% | 2.44% |
| Tech MahindraIT - Software | 1.75% | 2.09% |
| Grasim IndustriesCement & Cement Products | 1.19% | 1.25% |
| Hindustan AeronauticsAerospace & Defense | 1.11% | 1.13% |
| InfosysIT - Software | 2.78% | 1.06% |
| Axis BankBanks | 2.92% | 0.87% |
| Reliance IndustriesPetroleum Products | 4.03% | 0.84% |
| Gokaldas ExportsTextiles & Apparels | 0.84% | 0.73% |
| Bharat BijleeElectrical Equipment | 0.53% | 0.97% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.51% | 3.93% |
| ThermaxElectrical Equipment | 0.35% | 1.50% |
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.