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18 of 57 unique stocks in common · Jaccard: 31.6%
A weighted portfolio overlap of 50.61% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹50.61 is allocated to the exact same companies at the same relative proportions. The schemes share 18 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 12.80% in SBI Banking And Financial Services 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 | 13.26% | 12.80% |
| Axis BankBanks | 8.25% | 6.21% |
| HDFC BankBanks | 11.79% | 5.90% |
| State Bank of IndiaBanks | 5.79% | 8.67% |
| Kotak Mahindra BankBanks | 3.84% | 9.98% |
| SBI Life Insurance CompanyInsurance | 2.74% | 2.74% |
| Bajaj FinanceFinance | 5.66% | 2.46% |
| Aptus Value Housing Finance IndiaFinance | 1.94% | 1.87% |
| Shriram FinanceFinance | 4.99% | 1.83% |
| Cholamandalam Financial HoldingsFinance | 1.40% | 1.65% |
| Muthoot FinanceFinance | 1.21% | 5.77% |
| Computer Age Management ServicesCapital Markets | 1.09% | 1.87% |
| Bajaj FinservFinance | 0.99% | 2.43% |
| Star Health And Allied Insurance CompanyInsurance | 0.92% | 1.69% |
| City Union BankBanks | 2.17% | 0.74% |
| 360 One WamCapital Markets | 0.34% | 0.85% |
| HDB Financial ServicesFinance | 1.49% | 0.34% |
| RBL BankBanks | 1.22% | 0.15% |
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.