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17 of 104 unique stocks in common · Jaccard: 16.3%
A weighted portfolio overlap of 21.15% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.15 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is Bank of Maharashtra, which commands a weight of 3.81% in Aditya Birla Sun Life Dividend Yield Fund and 2.91% in Aditya Birla Sun Life Special Opportunities Fund. Holding both schemes increases your concentration in Bank of Maharashtra 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 Dividend | in Aditya Birla Sun Life Special |
|---|---|---|
| Bank of MaharashtraBanks | 3.81% | 2.91% |
| Axis BankBanks | 2.79% | 2.71% |
| InfosysIT - Software | 3.71% | 2.70% |
| Shriram FinanceFinance | 2.25% | 3.70% |
| Indus TowersTelecom - Services | 2.76% | 1.79% |
| Tech MahindraIT - Software | 3.51% | 1.43% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.60% | 1.34% |
| HDFC BankBanks | 1.31% | 1.33% |
| CoforgeIT - Software | 1.24% | 1.28% |
| VedantaDiversified Metals | 1.18% | 0.99% |
| Dabur IndiaPersonal Products | 0.75% | 0.73% |
| ICICI Prudential Asset Management CompanyCapital Markets | 0.71% | 0.51% |
| Hero MotoCorpAutomobiles | 2.36% | 0.49% |
| MphasisIT - Software | 0.80% | 0.33% |
| Malco EnergyOil | 0.27% | 0.22% |
| Talwandi Sabo PowerPower | 0.16% | 0.13% |
| Vedanta Iron And SteelFerrous Metals | 0.08% | 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 Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.