How much do Aditya Birla Sun Life Banking And Financial Services Fund and quant Multi Asset Allocation Fund overlap?

They share 5 common holdings, a weighted portfolio overlap of about 16.83% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.

What does 16.83% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

Aditya Birla Sun Life Banking And Financial Services Fund vs quant Multi Asset Allocation Fund

Aditya Birla SL MF · Sectoral / ThematicQuant MF · Hybrid· as on May 2026

Weighted portfolio overlap

16.83%

Low overlap

Common

Only Aditya

Only quant

5 of 58 unique stocks in common · Jaccard: 8.6%

Overlap Analysis & Diversification Assessment

A weighted portfolio overlap of 16.83% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.83 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 ICICI Bank, which commands a weight of 13.26% in Aditya Birla Sun Life Banking And Financial Services Fund and 7.94% in quant Multi Asset Allocation 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).

Common holdings

Stock	in Aditya	in quant
ICICI BankBanks	13.26%	7.94%
HDFC BankBanks	11.79%	6.07%
ICICI Prudential Asset Management CompanyCapital Markets	1.78%	4.76%
Bajaj FinservFinance	0.99%	0.59%
Anand Rathi Share & Stock BrokersCapital Markets	0.82%	0.46%

FAQ

How much do Aditya Birla Sun Life Banking And Financial Services Fund and quant Multi Asset Allocation Fund overlap?: They share 5 common holdings, a weighted portfolio overlap of about 16.83% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.
What does 16.83% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

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.