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11 of 69 unique stocks in common · Jaccard: 15.9%
A weighted portfolio overlap of 28.86% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.86 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 10.63% in Aditya Birla Sun Life BSE Sensex ETF and 13.09% in Aditya Birla Sun Life Conglomerate Fund. Holding both schemes increases your concentration in Reliance Industries 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 Birla Sun Life BSE | in Aditya Birla Sun Life Conglomerate |
|---|---|---|
| Reliance IndustriesPetroleum Products | 10.63% | 13.09% |
| Larsen & ToubroConstruction | 5.15% | 6.45% |
| Mahindra & MahindraAutomobiles | 3.05% | 4.65% |
| Bajaj FinanceFinance | 2.75% | 2.36% |
| Ultratech CementCement & Cement Products | 1.50% | 2.17% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.34% | 3.38% |
| Tata SteelFerrous Metals | 1.91% | 1.26% |
| Bajaj FinservFinance | 1.07% | 2.00% |
| Tech MahindraIT - Software | 1.03% | 3.79% |
| TrentRetailing | 1.00% | 2.32% |
| Tata Consultancy ServicesIT - Software | 2.75% | 0.46% |
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.