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17 of 142 unique stocks in common · Jaccard: 12%
A weighted portfolio overlap of 27.13% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.13 is allocated to the exact same companies at the same relative proportions. The schemes share 17 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 4.67% in Nippon India Flexi 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 Nippon |
|---|---|---|
| ICICI BankBanks | 6.20% | 4.67% |
| Reliance IndustriesPetroleum Products | 3.15% | 3.41% |
| HDFC BankBanks | 2.98% | 6.53% |
| InfosysIT - Software | 2.41% | 3.28% |
| State Bank of IndiaBanks | 4.05% | 1.85% |
| Mahindra & MahindraAutomobiles | 2.42% | 1.67% |
| Larsen & ToubroConstruction | 1.41% | 3.68% |
| Ultratech CementCement & Cement Products | 1.20% | 1.92% |
| Tech MahindraIT - Software | 1.88% | 1.13% |
| Axis BankBanks | 1.13% | 3.32% |
| Bharti AirtelTelecom - Services | 2.46% | 1.07% |
| Maruti Suzuki IndiaAutomobiles | 1.02% | 1.46% |
| Godrej Consumer ProductsPersonal Products | 1.88% | 0.96% |
| Bharat ForgeAuto Components | 1.95% | 0.94% |
| Jindal SteelFerrous Metals | 2.30% | 0.94% |
| Cholamandalam Investment and Finance CompanyFinance | 0.93% | 0.52% |
| Happy ForgingsIndustrial Products | 1.60% | 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.