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48 of 504 unique stocks in common · Jaccard: 9.5%
A weighted portfolio overlap of 12.7% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.7 is allocated to the exact same companies at the same relative proportions. The schemes share 48 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 4.03% in Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund and 2.29% in Back to Index. 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 | in Back |
|---|---|---|
| State Bank of IndiaBanks | 4.03% | 2.29% |
| Bharat ElectronicsAerospace & Defense | 3.91% | 0.80% |
| Shriram FinanceFinance | 3.74% | 0.68% |
| Eicher MotorsAutomobiles | 4.03% | 0.50% |
| SBI Life Insurance CompanyInsurance | 3.56% | 0.42% |
| TVS Motor CompanyAutomobiles | 3.99% | 0.42% |
| Multi Commodity Exchange of IndiaCapital Markets | 4.84% | 0.39% |
| Cummins IndiaIndustrial Products | 4.00% | 0.37% |
| The Federal BankBanks | 3.77% | 0.36% |
| Hero MotoCorpAutomobiles | 2.69% | 0.34% |
| Bharat Petroleum CorporationPetroleum Products | 2.77% | 0.31% |
| AU Small Finance BankBanks | 2.59% | 0.30% |
| GE Vernova T&D IndiaElectrical Equipment | 3.88% | 0.29% |
| HDFC Asset Management CompanyCapital Markets | 1.96% | 0.29% |
| Indian Oil CorporationPetroleum Products | 2.80% | 0.27% |
| Bharat ForgeAuto Components | 2.62% | 0.26% |
| Bank of BarodaBanks | 2.26% | 0.25% |
| Fortis HealthcareHealthcare Services | 1.85% | 0.25% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 2.92% | 0.24% |
| Canara BankBanks | 2.85% | 0.23% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 1.88% | 0.23% |
| Hitachi Energy IndiaElectrical Equipment | 2.09% | 0.22% |
| Laurus LabsPharmaceuticals & Biotechnology | 2.67% | 0.22% |
| Max Financial ServicesInsurance | 2.70% | 0.22% |
| Polycab IndiaIndustrial Products | 2.40% | 0.22% |
| FSN E-Commerce VenturesRetailing | 1.65% | 0.19% |
| Glenmark PharmaceuticalsPharmaceuticals & Biotechnology | 1.56% | 0.19% |
| APL Apollo TubesIndustrial Products | 1.54% | 0.18% |
| National Aluminium CompanyNon - Ferrous Metals | 1.75% | 0.18% |
| Union Bank of IndiaBanks | 1.49% | 0.17% |
| Indian BankBanks | 1.74% | 0.16% |
| Aditya Birla CapitalFinance | 1.94% | 0.15% |
| Navin Fluorine InternationalChemicals & Petrochemicals | 1.00% | 0.13% |
| L&T FinanceFinance | 1.55% | 0.12% |
| City Union BankBanks | 0.97% | 0.10% |
| RBL BankBanks | 1.11% | 0.10% |
| Aster DM HealthcareHealthcare Services | 0.73% | 0.09% |
| Bank of IndiaBanks | 0.91% | 0.09% |
| Hindustan CopperNon - Ferrous Metals | 1.05% | 0.09% |
| Kirloskar Oil EnginesIndustrial Products | 0.86% | 0.07% |
| Data Patterns (India)Aerospace & Defense | 0.55% | 0.06% |
| Force MotorsAutomobiles | 0.68% | 0.05% |
| PTC IndustriesIndustrial Products | 0.40% | 0.05% |
| Syrma SGS TechnologyIndustrial Manufacturing | 0.32% | 0.04% |
| Chennai Petroleum CorporationPetroleum Products | 0.24% | 0.03% |
| Choice InternationalFinance | 0.21% | 0.03% |
| Gabriel IndiaAuto Components | 0.26% | 0.03% |
| Gujarat Mineral Development CorporationMinerals & Mining | 0.29% | 0.03% |
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.