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9 of 121 unique stocks in common · Jaccard: 7.4%
A weighted portfolio overlap of 7.03% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.03 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 Hero MotoCorp, which commands a weight of 2.69% in Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund and 1.59% in ICICI Prudential Large Cap Fund. Holding both schemes increases your concentration in Hero MotoCorp 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 ICICI |
|---|---|---|
| Hero MotoCorpAutomobiles | 2.69% | 1.59% |
| SBI Life Insurance CompanyInsurance | 3.56% | 1.09% |
| State Bank of IndiaBanks | 4.03% | 1.02% |
| Cummins IndiaIndustrial Products | 4.00% | 0.91% |
| HDFC Asset Management CompanyCapital Markets | 1.96% | 0.69% |
| Eicher MotorsAutomobiles | 4.03% | 0.62% |
| Bharat Petroleum CorporationPetroleum Products | 2.77% | 0.60% |
| TVS Motor CompanyAutomobiles | 3.99% | 0.49% |
| Indian Oil CorporationPetroleum Products | 2.80% | 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.