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6 of 88 unique stocks in common · Jaccard: 6.8%
A weighted portfolio overlap of 11.51% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.51 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 4.87% in Aditya Birla Sun Life Dividend Yield Fund and 5.88% in ICICI Prudential Banking & Financial Services Fund. Holding both schemes increases your concentration in State Bank of India 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 |
|---|---|---|
| State Bank of IndiaBanks | 4.87% | 5.88% |
| Axis BankBanks | 2.79% | 8.76% |
| Aptus Value Housing Finance IndiaFinance | 2.25% | 1.75% |
| HDFC BankBanks | 1.31% | 13.32% |
| Angel OneCapital Markets | 1.41% | 0.51% |
| CMS Info SystemsCommercial Services & Supplies | 2.08% | 0.29% |
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.