Loading fund overlap…
14 of 99 unique stocks in common · Jaccard: 14.1%
A weighted portfolio overlap of 27.91% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.91 is allocated to the exact same companies at the same relative proportions. The schemes share 14 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 4.04% in SBI Equity Hybrid 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 SBI |
|---|---|---|
| ICICI BankBanks | 6.20% | 4.04% |
| State Bank of IndiaBanks | 4.05% | 3.79% |
| Kotak Mahindra BankBanks | 2.72% | 3.20% |
| Bharti AirtelTelecom - Services | 2.46% | 3.27% |
| HDFC BankBanks | 2.98% | 2.39% |
| Reliance IndustriesPetroleum Products | 3.15% | 2.36% |
| InfosysIT - Software | 2.41% | 1.65% |
| Adani PowerPower | 1.48% | 4.03% |
| Lenskart SolutionsRetailing | 1.83% | 1.43% |
| Larsen & ToubroConstruction | 1.41% | 2.50% |
| AIA EngineeringIndustrial Products | 1.39% | 1.55% |
| Jindal SteelFerrous Metals | 2.30% | 1.01% |
| Vishal Mega MartRetailing | 1.01% | 1.01% |
| MeeshoRetailing | 1.06% | 0.77% |
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.