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12 of 103 unique stocks in common · Jaccard: 11.7%
A weighted portfolio overlap of 17.14% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.14 is allocated to the exact same companies at the same relative proportions. The schemes share 12 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 3.50% in Tata India Innovation 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 Tata |
|---|---|---|
| Reliance IndustriesPetroleum Products | 13.09% | 3.50% |
| Tech MahindraIT - Software | 3.79% | 2.38% |
| Mahindra & MahindraAutomobiles | 4.65% | 2.31% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 3.38% | 2.07% |
| Firstsource SolutionsCommercial Services & Supplies | 1.50% | 1.74% |
| Bajaj FinservFinance | 2.00% | 1.29% |
| Adani Energy SolutionsPower | 2.13% | 1.09% |
| PCBL ChemicalChemicals & Petrochemicals | 0.92% | 1.22% |
| Sonata SoftwareIT - Software | 0.65% | 1.10% |
| JSW DuluxConsumer Durables | 1.38% | 0.57% |
| Carborundum UniversalIndustrial Products | 0.54% | 0.86% |
| CG Power and Industrial SolutionsElectrical Equipment | 0.71% | 0.33% |
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.