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8 of 72 unique stocks in common · Jaccard: 11.1%
A weighted portfolio overlap of 31.02% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.02 is allocated to the exact same companies at the same relative proportions. The schemes share 8 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 17.45% in ICICI Prudential Nifty Infrastructure 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% | 17.45% |
| Larsen & ToubroConstruction | 6.45% | 12.93% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 3.38% | 3.60% |
| Grasim IndustriesCement & Cement Products | 3.43% | 3.21% |
| Ultratech CementCement & Cement Products | 2.17% | 3.67% |
| Bharat ForgeAuto Components | 1.27% | 1.41% |
| Ambuja CementsCement & Cement Products | 1.98% | 0.74% |
| CG Power and Industrial SolutionsElectrical Equipment | 0.71% | 1.70% |
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.