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16 of 104 unique stocks in common · Jaccard: 15.4%
A weighted portfolio overlap of 19.31% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.31 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 4.05% in Aditya Birla Sun Life Business Cycle Fund and 4.87% in Aditya Birla Sun Life Dividend Yield Fund. Holding both schemes increases your concentration in State Bank of India 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 Dividend |
|---|---|---|
| State Bank of IndiaBanks | 4.05% | 4.87% |
| InfosysIT - Software | 2.41% | 3.71% |
| Tech MahindraIT - Software | 1.88% | 3.51% |
| HCL TechnologiesIT - Software | 1.82% | 1.88% |
| Shriram FinanceFinance | 1.53% | 2.25% |
| HDFC BankBanks | 2.98% | 1.31% |
| Angel OneCapital Markets | 1.19% | 1.41% |
| Axis BankBanks | 1.13% | 2.79% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.02% | 1.60% |
| VedantaDiversified Metals | 0.75% | 1.18% |
| Bank of MaharashtraBanks | 0.69% | 3.81% |
| CMS Info SystemsCommercial Services & Supplies | 0.69% | 2.08% |
| Hexaware TechnologiesIT - Software | 0.62% | 0.52% |
| Malco EnergyOil | 0.17% | 0.27% |
| Talwandi Sabo PowerPower | 0.10% | 0.16% |
| Vedanta Iron And SteelFerrous Metals | 0.05% | 0.08% |
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.