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24 of 127 unique stocks in common · Jaccard: 18.9%
A weighted portfolio overlap of 29.6% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.6 is allocated to the exact same companies at the same relative proportions. The schemes share 24 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 8.72% in ICICI Prudential Large Cap Fund. 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 | in ICICI |
|---|---|---|
| ICICI BankBanks | 6.20% | 8.72% |
| Reliance IndustriesPetroleum Products | 3.15% | 5.41% |
| HDFC BankBanks | 2.98% | 8.46% |
| Bharti AirtelTelecom - Services | 2.46% | 4.34% |
| InfosysIT - Software | 2.41% | 3.60% |
| Mahindra & MahindraAutomobiles | 2.42% | 2.34% |
| Larsen & ToubroConstruction | 1.41% | 5.38% |
| Kotak Mahindra BankBanks | 2.72% | 1.21% |
| Ultratech CementCement & Cement Products | 1.20% | 2.69% |
| Axis BankBanks | 1.13% | 4.67% |
| Maruti Suzuki IndiaAutomobiles | 1.02% | 3.55% |
| State Bank of IndiaBanks | 4.05% | 1.02% |
| EternalRetailing | 1.08% | 0.54% |
| Tech MahindraIT - Software | 1.88% | 0.50% |
| HCL TechnologiesIT - Software | 1.82% | 0.47% |
| ICICI Lombard General Insurance CompanyInsurance | 1.57% | 0.40% |
| Godrej Consumer ProductsPersonal Products | 1.88% | 0.33% |
| VedantaDiversified Metals | 0.75% | 0.29% |
| Malco EnergyOil | 0.17% | 0.13% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.02% | 0.13% |
| Talwandi Sabo PowerPower | 0.10% | 0.13% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.36% | 0.08% |
| Hexaware TechnologiesIT - Software | 0.62% | 0.07% |
| Vedanta Iron And SteelFerrous Metals | 0.05% | 0.13% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.