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9 of 109 unique stocks in common · Jaccard: 8.3%
A weighted portfolio overlap of 17.46% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.46 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 13.09% in Aditya Birla Sun Life Conglomerate Fund and 8.45% in ICICI Prudential Children’s Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 13.09% | 8.45% |
| Grasim IndustriesCement & Cement Products | 3.43% | 2.55% |
| Bajaj FinservFinance | 2.00% | 2.41% |
| AtulChemicals & Petrochemicals | 1.21% | 4.38% |
| Tata ChemicalsChemicals & Petrochemicals | 0.99% | 1.02% |
| Finolex IndustriesIndustrial Products | 0.97% | 1.19% |
| Carborundum UniversalIndustrial Products | 0.54% | 1.06% |
| Tata Consultancy ServicesIT - Software | 0.46% | 1.60% |
| L&T Technology ServicesIT - Services | 0.72% | 0.28% |
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.