Loading fund overlap…
9 of 71 unique stocks in common · Jaccard: 12.7%
A weighted portfolio overlap of 15.5% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.5 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 15.45% in Aditya Birla Sun Life Digital India Fund and 3.71% in Aditya Birla Sun Life Dividend Yield Fund. Holding both schemes increases your concentration in Infosys 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 Birla Sun Life Digital | in Aditya Birla Sun Life Dividend |
|---|---|---|
| InfosysIT - Software | 15.45% | 3.71% |
| Tech MahindraIT - Software | 8.52% | 3.51% |
| Tata Consultancy ServicesIT - Software | 7.87% | 2.07% |
| HCL TechnologiesIT - Software | 3.46% | 1.88% |
| CoforgeIT - Software | 4.08% | 1.24% |
| Angel OneCapital Markets | 1.03% | 1.41% |
| Multi Commodity Exchange of IndiaCapital Markets | 0.92% | 4.57% |
| CMS Info SystemsCommercial Services & Supplies | 0.62% | 2.08% |
| Hexaware TechnologiesIT - Software | 1.45% | 0.52% |
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 Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.