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9 of 105 unique stocks in common · Jaccard: 8.6%
A weighted portfolio overlap of 12.83% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.83 is allocated to the exact same companies at the same relative proportions. The schemes share 9 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 4.22% in HDFC Flexi Cap 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 | in HDFC |
|---|---|---|
| State Bank of IndiaBanks | 4.03% | 4.22% |
| SBI Life Insurance CompanyInsurance | 3.56% | 3.76% |
| Eicher MotorsAutomobiles | 4.03% | 2.46% |
| FSN E-Commerce VenturesRetailing | 1.65% | 0.80% |
| Bank of BarodaBanks | 2.26% | 0.69% |
| Aster DM HealthcareHealthcare Services | 0.73% | 0.64% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 2.92% | 0.34% |
| TVS Motor CompanyAutomobiles | 3.99% | 0.29% |
| Bharat ElectronicsAerospace & Defense | 3.91% | 0.02% |
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.