Loading fund overlap…
6 of 109 unique stocks in common · Jaccard: 5.5%
A weighted portfolio overlap of 5.52% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.52 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is HCL Technologies, which commands a weight of 3.33% in Aditya Birla Sun Life BSE 500 Quality 50 Index Fund and 2.47% in HDFC Flexi Cap Fund. Holding both schemes increases your concentration in HCL Technologies 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 |
|---|---|---|
| HCL TechnologiesIT - Software | 3.33% | 2.47% |
| InfosysIT - Software | 3.47% | 1.32% |
| Britannia IndustriesFood Products | 3.63% | 0.77% |
| Dr. Lal Path LabsHealthcare Services | 0.55% | 0.66% |
| Dixon Technologies (India)Consumer Durables | 2.84% | 0.36% |
| Nippon Life India Asset ManagementCapital Markets | 1.16% | 0.05% |
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.