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8 of 103 unique stocks in common · Jaccard: 7.8%
A weighted portfolio overlap of 10.29% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.29 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 10.48% in Aditya Birla Sun Life Digital India Fund and 4.34% in ICICI Prudential Large Cap Fund. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 10.48% | 4.34% |
| InfosysIT - Software | 15.45% | 3.60% |
| EternalRetailing | 6.25% | 0.54% |
| Tech MahindraIT - Software | 8.52% | 0.50% |
| HCL TechnologiesIT - Software | 3.46% | 0.47% |
| SwiggyRetailing | 3.64% | 0.42% |
| ABB IndiaElectrical Equipment | 0.80% | 0.36% |
| Hexaware TechnologiesIT - Software | 1.45% | 0.07% |
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.