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7 of 86 unique stocks in common · Jaccard: 8.1%
A weighted portfolio overlap of 11.87% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.87 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is Larsen & Toubro, which commands a weight of 6.45% in Aditya Birla Sun Life Conglomerate Fund and 2.50% in SBI Equity Hybrid Fund. Holding both schemes increases your concentration in Larsen & Toubro 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 |
|---|---|---|
| Larsen & ToubroConstruction | 6.45% | 2.50% |
| Reliance IndustriesPetroleum Products | 13.09% | 2.36% |
| Bajaj FinanceFinance | 2.36% | 2.49% |
| Adani Energy SolutionsPower | 2.13% | 3.63% |
| Hindalco IndustriesNon - Ferrous Metals | 1.06% | 1.74% |
| Jindal SteelFerrous Metals | 1.67% | 1.01% |
| Tata Consultancy ServicesIT - Software | 0.46% | 1.08% |
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.