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18 of 98 unique stocks in common · Jaccard: 18.4%
A weighted portfolio overlap of 22.13% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.13 is allocated to the exact same companies at the same relative proportions. The schemes share 18 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 4.04% in SBI Equity Hybrid 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 SBI |
|---|---|---|
| ICICI BankBanks | 3.70% | 4.04% |
| Bharti AirtelTelecom - Services | 5.48% | 3.27% |
| HDFC BankBanks | 2.47% | 2.39% |
| Avenue SupermartsRetailing | 2.94% | 1.59% |
| Kotak Mahindra BankBanks | 1.46% | 3.20% |
| Asian PaintsConsumer Durables | 1.17% | 1.75% |
| InterGlobe AviationTransport Services | 1.15% | 2.25% |
| Vishal Mega MartRetailing | 0.98% | 1.01% |
| Lenskart SolutionsRetailing | 0.97% | 1.43% |
| ITCDiversified FMCG | 3.51% | 0.79% |
| MeeshoRetailing | 1.83% | 0.77% |
| MRFAuto Components | 0.75% | 2.50% |
| AstralIndustrial Products | 0.71% | 1.00% |
| SwiggyRetailing | 0.98% | 0.71% |
| Bajaj FinanceFinance | 0.55% | 2.49% |
| Procter & Gamble Hygiene and Health CarePersonal Products | 0.66% | 0.49% |
| United BreweriesBeverages | 1.36% | 0.47% |
| Varun BeveragesBeverages | 1.86% | 0.21% |
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.