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9 of 91 unique stocks in common · Jaccard: 9.9%
A weighted portfolio overlap of 13.27% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.27 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 Bharti Airtel, which commands a weight of 2.46% in Aditya Birla Sun Life Business Cycle Fund and 10.48% in Aditya Birla Sun Life Digital India Fund. Holding both schemes increases your concentration in Bharti Airtel 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 Business | in Aditya Birla Sun Life Digital |
|---|---|---|
| Bharti AirtelTelecom - Services | 2.46% | 10.48% |
| InfosysIT - Software | 2.41% | 15.45% |
| Tech MahindraIT - Software | 1.88% | 8.52% |
| HCL TechnologiesIT - Software | 1.82% | 3.46% |
| Persistent SystemsIT - Software | 1.35% | 3.93% |
| EternalRetailing | 1.08% | 6.25% |
| Angel OneCapital Markets | 1.19% | 1.03% |
| Hexaware TechnologiesIT - Software | 0.62% | 1.45% |
| CMS Info SystemsCommercial Services & Supplies | 0.69% | 0.62% |
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.