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21 of 128 unique stocks in common · Jaccard: 16.4%
A weighted portfolio overlap of 28.26% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.26 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.70% in Aditya Birla Sun Life Consumption Fund and 7.17% in ICICI Prudential Business Cycle Fund. Holding both schemes increases your concentration in ICICI Bank 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 |
|---|---|---|
| ICICI BankBanks | 3.70% | 7.17% |
| Maruti Suzuki IndiaAutomobiles | 3.49% | 4.09% |
| Bharti AirtelTelecom - Services | 5.48% | 3.12% |
| HDFC BankBanks | 2.47% | 9.24% |
| Axis BankBanks | 2.25% | 3.41% |
| Mahindra & MahindraAutomobiles | 4.19% | 1.83% |
| Kotak Mahindra BankBanks | 1.46% | 3.30% |
| SBI Life Insurance CompanyInsurance | 1.33% | 1.71% |
| Asian PaintsConsumer Durables | 1.17% | 2.24% |
| InterGlobe AviationTransport Services | 1.15% | 1.73% |
| Ultratech CementCement & Cement Products | 1.01% | 2.89% |
| Info Edge (India)Retailing | 1.07% | 0.96% |
| Hyundai Motor IndiaAutomobiles | 0.90% | 1.84% |
| ICICI Lombard General Insurance CompanyInsurance | 1.10% | 0.71% |
| TrentRetailing | 2.85% | 0.68% |
| Hindustan UnileverDiversified FMCG | 2.56% | 0.51% |
| Godrej Consumer ProductsPersonal Products | 2.00% | 0.46% |
| SwiggyRetailing | 0.98% | 0.34% |
| Britannia IndustriesFood Products | 1.60% | 0.31% |
| Go Digit General InsuranceInsurance | 0.60% | 0.31% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.84% | 0.11% |
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.