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14 of 115 unique stocks in common · Jaccard: 12.2%
A weighted portfolio overlap of 22.88% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.88 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 11.79% in Aditya Birla Sun Life Banking And Financial Services Fund and 5.47% in Mirae Asset Flexi Cap 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 Mirae |
|---|---|---|
| HDFC BankBanks | 11.79% | 5.47% |
| ICICI BankBanks | 13.26% | 5.11% |
| State Bank of IndiaBanks | 5.79% | 2.53% |
| Axis BankBanks | 8.25% | 2.13% |
| Billionbrains Garage VenturesCapital Markets | 2.23% | 1.46% |
| SBI Life Insurance CompanyInsurance | 2.74% | 1.37% |
| ICICI Prudential Asset Management CompanyCapital Markets | 1.78% | 1.13% |
| Bajaj FinanceFinance | 5.66% | 1.11% |
| Cholamandalam Financial HoldingsFinance | 1.40% | 1.02% |
| Shriram FinanceFinance | 4.99% | 0.68% |
| Kotak Mahindra BankBanks | 3.84% | 0.40% |
| Go Digit General InsuranceInsurance | 0.44% | 0.30% |
| Central Depository Services (India)Capital Markets | 0.11% | 0.95% |
| PB FintechFinancial Technology (Fintech) | 2.65% | 0.05% |
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.