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18 of 113 unique stocks in common · Jaccard: 15.9%
A weighted portfolio overlap of 28.61% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.61 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 5.49% in Tata Flexi Cap 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 Tata |
|---|---|---|
| ICICI BankBanks | 3.70% | 5.49% |
| Bharti AirtelTelecom - Services | 5.48% | 3.56% |
| HDFC BankBanks | 2.47% | 5.75% |
| Maruti Suzuki IndiaAutomobiles | 3.49% | 2.38% |
| Axis BankBanks | 2.25% | 3.63% |
| ITCDiversified FMCG | 3.51% | 1.74% |
| Britannia IndustriesFood Products | 1.60% | 1.76% |
| Godrej Consumer ProductsPersonal Products | 2.00% | 1.56% |
| SBI Life Insurance CompanyInsurance | 1.33% | 1.94% |
| Kotak Mahindra BankBanks | 1.46% | 1.29% |
| Bajaj FinservFinance | 1.19% | 1.89% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.18% | 1.74% |
| Asian PaintsConsumer Durables | 1.17% | 1.05% |
| Dabur IndiaPersonal Products | 0.84% | 1.42% |
| JSW DuluxConsumer Durables | 0.75% | 0.74% |
| The Phoenix MillsRealty | 0.65% | 1.71% |
| Go Digit General InsuranceInsurance | 0.60% | 0.85% |
| Metro BrandsConsumer Durables | 1.19% | 0.48% |
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.