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10 of 108 unique stocks in common · Jaccard: 9.3%
A weighted portfolio overlap of 11.11% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.11 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 3.47% in Aditya Birla Sun Life BSE 500 Quality 50 Index Fund and 2.13% in IB11-Groww ELSS Tax Saver Fund. Holding both schemes increases your concentration in Infosys 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 IB11-Groww |
|---|---|---|
| InfosysIT - Software | 3.47% | 2.13% |
| Tata Consultancy ServicesIT - Software | 3.76% | 1.77% |
| Hindustan UnileverDiversified FMCG | 3.91% | 1.65% |
| Anand Rathi WealthCapital Markets | 1.35% | 2.37% |
| GE Vernova T&D IndiaElectrical Equipment | 4.10% | 0.97% |
| Coal IndiaConsumable Fuels | 4.05% | 0.83% |
| Hero MotoCorpAutomobiles | 3.43% | 0.78% |
| HCL TechnologiesIT - Software | 3.33% | 0.65% |
| ITCDiversified FMCG | 3.82% | 0.51% |
| Gillette IndiaPersonal Products | 0.49% | 2.29% |
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.