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17 of 103 unique stocks in common · Jaccard: 16.5%
A weighted portfolio overlap of 35.8% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.8 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 8.30% in UTI Nifty 50 ETF. 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 UTI |
|---|---|---|
| ICICI BankBanks | 6.20% | 8.30% |
| State Bank of IndiaBanks | 4.05% | 3.70% |
| Reliance IndustriesPetroleum Products | 3.15% | 8.25% |
| HDFC BankBanks | 2.98% | 10.53% |
| Kotak Mahindra BankBanks | 2.72% | 2.61% |
| Bharti AirtelTelecom - Services | 2.46% | 5.19% |
| Mahindra & MahindraAutomobiles | 2.42% | 2.52% |
| InfosysIT - Software | 2.41% | 3.76% |
| Larsen & ToubroConstruction | 1.41% | 4.42% |
| Shriram FinanceFinance | 1.53% | 1.23% |
| Ultratech CementCement & Cement Products | 1.20% | 1.26% |
| HCL TechnologiesIT - Software | 1.82% | 1.15% |
| Axis BankBanks | 1.13% | 3.41% |
| EternalRetailing | 1.08% | 1.67% |
| Maruti Suzuki IndiaAutomobiles | 1.02% | 1.59% |
| Tech MahindraIT - Software | 1.88% | 0.87% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.36% | 0.78% |
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.