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5 of 67 unique stocks in common · Jaccard: 7.5%
A weighted portfolio overlap of 13.8% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.8 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 5.79% in Aditya Birla Sun Life Banking And Financial Services Fund and 18.08% in Aditya Birla Sun Life PSU Equity Fund. Holding both schemes increases your concentration in State Bank of India 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 Birla Sun Life Banking | in Aditya Birla Sun Life PSU |
|---|---|---|
| State Bank of IndiaBanks | 5.79% | 18.08% |
| Bank of MaharashtraBanks | 2.78% | 4.30% |
| PNB Housing FinanceFinance | 2.71% | 3.39% |
| SBI Life Insurance CompanyInsurance | 2.74% | 1.83% |
| Canara Robeco Asset Management Co Ltd/IndiaCapital Markets | 0.80% | 0.70% |
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 Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.