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27 of 99 unique stocks in common · Jaccard: 27.3%
A weighted portfolio overlap of 35.75% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.75 is allocated to the exact same companies at the same relative proportions. The schemes share 27 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.20% in Aditya Birla Sun Life Business Cycle Fund and 5.93% in Aditya Birla Sun Life Retirement Fund - The 40S Plan. Holding both schemes increases your concentration in ICICI Bank 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 Retirement |
|---|---|---|
| ICICI BankBanks | 6.20% | 5.93% |
| Reliance IndustriesPetroleum Products | 3.15% | 3.33% |
| HDFC BankBanks | 2.98% | 4.31% |
| State Bank of IndiaBanks | 4.05% | 2.71% |
| InfosysIT - Software | 2.41% | 3.41% |
| Kotak Mahindra BankBanks | 2.72% | 2.07% |
| ICICI Lombard General Insurance CompanyInsurance | 1.57% | 1.72% |
| Larsen & ToubroConstruction | 1.41% | 2.13% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.36% | 1.49% |
| Bluestone Jewellery And LifestyleConsumer Durables | 1.49% | 1.34% |
| Ultratech CementCement & Cement Products | 1.20% | 2.91% |
| Axis BankBanks | 1.13% | 2.25% |
| EternalRetailing | 1.08% | 1.09% |
| SBFC FinanceFinance | 1.31% | 1.03% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.02% | 0.98% |
| MeeshoRetailing | 1.06% | 0.77% |
| Sona BLW Precision ForgingsAuto Components | 1.71% | 0.75% |
| VedantaDiversified Metals | 0.75% | 0.72% |
| Whirlpool of IndiaConsumer Durables | 0.84% | 0.70% |
| Bank of MaharashtraBanks | 0.69% | 1.56% |
| Godrej Consumer ProductsPersonal Products | 1.88% | 0.61% |
| Sai Life SciencesPharmaceuticals & Biotechnology | 0.48% | 1.42% |
| Cholamandalam Investment and Finance CompanyFinance | 0.93% | 0.23% |
| Malco EnergyOil | 0.17% | 0.16% |
| Medi Assist Healthcare ServicesInsurance | 0.83% | 0.15% |
| Talwandi Sabo PowerPower | 0.10% | 0.10% |
| Vedanta Iron And SteelFerrous Metals | 0.05% | 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 Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.