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28 of 136 unique stocks in common · Jaccard: 20.6%
A weighted portfolio overlap of 37.23% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.23 is allocated to the exact same companies at the same relative proportions. The schemes share 28 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 5.11% in Mirae Asset 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 Mirae |
|---|---|---|
| ICICI BankBanks | 5.59% | 5.11% |
| Reliance IndustriesPetroleum Products | 4.03% | 4.23% |
| HDFC BankBanks | 3.95% | 5.47% |
| Bharti AirtelTelecom - Services | 2.69% | 2.33% |
| Larsen & ToubroConstruction | 2.39% | 2.27% |
| Axis BankBanks | 2.92% | 2.13% |
| State Bank of IndiaBanks | 2.11% | 2.53% |
| InfosysIT - Software | 2.78% | 1.86% |
| Mahindra & MahindraAutomobiles | 1.70% | 1.74% |
| Welspun CorpIndustrial Products | 2.16% | 1.53% |
| Inventurus Knowledge SolutionsIT - Services | 2.01% | 1.12% |
| Bajaj FinanceFinance | 1.10% | 1.11% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.06% | 1.57% |
| Hindustan AeronauticsAerospace & Defense | 1.11% | 1.03% |
| EternalRetailing | 1.63% | 0.96% |
| Tech MahindraIT - Software | 1.75% | 0.92% |
| LTIMindtreeIT - Software | 1.09% | 0.71% |
| Shriram FinanceFinance | 1.91% | 0.68% |
| Jindal SteelFerrous Metals | 1.04% | 0.68% |
| VedantaDiversified Metals | 0.47% | 0.74% |
| Kotak Mahindra BankBanks | 0.98% | 0.40% |
| Century Plyboards (India)Consumer Durables | 1.36% | 0.35% |
| TrentRetailing | 1.70% | 0.31% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.64% | 0.18% |
| Malco EnergyOil | 0.11% | 0.18% |
| Talwandi Sabo PowerPower | 0.06% | 0.18% |
| Vedanta Iron And SteelFerrous Metals | 0.03% | 0.18% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.02% | 1.54% |
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.