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10 of 115 unique stocks in common · Jaccard: 8.7%
A weighted portfolio overlap of 27.45% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.45 is allocated to the exact same companies at the same relative proportions. The schemes share 10 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 9.35% in Tata Nifty500 Multicap Infrastructure 50-30-20 Index 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% | 9.35% |
| Larsen & ToubroConstruction | 6.45% | 8.41% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 3.38% | 2.34% |
| Ultratech CementCement & Cement Products | 2.17% | 2.39% |
| Grasim IndustriesCement & Cement Products | 3.43% | 2.09% |
| GMR AirportsTransport Infrastructure | 1.59% | 1.30% |
| Bharat ForgeAuto Components | 1.27% | 1.89% |
| Tube Investments of IndiaAuto Components | 4.13% | 1.21% |
| Godrej PropertiesRealty | 1.78% | 0.95% |
| Aditya Birla Real EstateRealty | 1.42% | 0.32% |
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.