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14 of 70 unique stocks in common · Jaccard: 20%
A weighted portfolio overlap of 24.09% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.09 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 Reliance Industries, which commands a weight of 13.09% in Aditya Birla Sun Life Conglomerate Fund and 8.36% in ICICI Prudential Nifty Commodities ETF. 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% | 8.36% |
| Grasim IndustriesCement & Cement Products | 3.43% | 5.22% |
| Ultratech CementCement & Cement Products | 2.17% | 5.97% |
| Adani Energy SolutionsPower | 2.13% | 2.30% |
| Jindal SteelFerrous Metals | 1.67% | 1.96% |
| JSW SteelFerrous Metals | 1.52% | 5.26% |
| Tata SteelFerrous Metals | 1.26% | 7.55% |
| Ambuja CementsCement & Cement Products | 1.98% | 1.20% |
| Hindalco IndustriesNon - Ferrous Metals | 1.06% | 7.15% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.64% | 0.88% |
| VedantaDiversified Metals | 0.47% | 2.63% |
| Malco EnergyOil | 0.11% | 0.88% |
| Talwandi Sabo PowerPower | 0.06% | 0.88% |
| Vedanta Iron And SteelFerrous Metals | 0.03% | 0.88% |
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.