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11 of 115 unique stocks in common · Jaccard: 9.6%
A weighted portfolio overlap of 24.33% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.33 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 4.03% in Aditya Birla Sun Life Bal Bhavishya Yojna and 5.23% in Tata Childrens Fund. Holding both schemes increases your concentration in Reliance Industries 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 Tata |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.03% | 5.23% |
| HDFC BankBanks | 3.95% | 5.89% |
| ICICI BankBanks | 5.59% | 3.82% |
| Axis BankBanks | 2.92% | 3.23% |
| Larsen & ToubroConstruction | 2.39% | 3.72% |
| InfosysIT - Software | 2.78% | 2.24% |
| CESCPower | 1.37% | 1.66% |
| IndusInd BankBanks | 1.14% | 1.39% |
| Kotak Mahindra BankBanks | 0.98% | 3.51% |
| Greenply IndustriesConsumer Durables | 0.95% | 1.51% |
| Bharat BijleeElectrical Equipment | 0.53% | 0.76% |
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.