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15 of 102 unique stocks in common · Jaccard: 14.7%
A weighted portfolio overlap of 23.93% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.93 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 ICICI Bank, which commands a weight of 5.59% in Aditya Birla Sun Life Bal Bhavishya Yojna and 4.04% in SBI Equity Hybrid 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 SBI |
|---|---|---|
| ICICI BankBanks | 5.59% | 4.04% |
| Bharti AirtelTelecom - Services | 2.69% | 3.27% |
| Larsen & ToubroConstruction | 2.39% | 2.50% |
| HDFC BankBanks | 3.95% | 2.39% |
| Reliance IndustriesPetroleum Products | 4.03% | 2.36% |
| State Bank of IndiaBanks | 2.11% | 3.79% |
| Hindalco IndustriesNon - Ferrous Metals | 2.30% | 1.74% |
| InfosysIT - Software | 2.78% | 1.65% |
| Bajaj FinanceFinance | 1.10% | 2.49% |
| Jindal SteelFerrous Metals | 1.04% | 1.01% |
| Kotak Mahindra BankBanks | 0.98% | 3.20% |
| MeeshoRetailing | 2.48% | 0.77% |
| United BreweriesBeverages | 0.97% | 0.47% |
| Varun BeveragesBeverages | 1.66% | 0.21% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.02% | 2.62% |
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.