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23 of 108 unique stocks in common · Jaccard: 21.3%
A weighted portfolio overlap of 21.38% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.38 is allocated to the exact same companies at the same relative proportions. The schemes share 23 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 3.71% in Aditya Birla Sun Life Dividend Yield Fund and 3.60% in ICICI Prudential Large Cap 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 | in ICICI |
|---|---|---|
| InfosysIT - Software | 3.71% | 3.60% |
| Axis BankBanks | 2.79% | 4.67% |
| NTPCPower | 5.23% | 2.38% |
| Hero MotoCorpAutomobiles | 2.36% | 1.59% |
| HDFC BankBanks | 1.31% | 8.46% |
| Oil & Natural Gas CorporationOil | 1.26% | 1.25% |
| Power Grid Corporation of IndiaPower | 1.67% | 1.08% |
| Hindustan AeronauticsAerospace & Defense | 1.06% | 1.11% |
| State Bank of IndiaBanks | 4.87% | 1.02% |
| ITCDiversified FMCG | 4.19% | 0.94% |
| Britannia IndustriesFood Products | 2.40% | 0.91% |
| Hindustan UnileverDiversified FMCG | 4.29% | 0.83% |
| Bharat Petroleum CorporationPetroleum Products | 2.56% | 0.60% |
| Tech MahindraIT - Software | 3.51% | 0.50% |
| HCL TechnologiesIT - Software | 1.88% | 0.47% |
| VedantaDiversified Metals | 1.18% | 0.29% |
| Bajaj AutoAutomobiles | 1.73% | 0.17% |
| Malco EnergyOil | 0.27% | 0.13% |
| Talwandi Sabo PowerPower | 0.16% | 0.13% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.60% | 0.13% |
| Vedanta Iron And SteelFerrous Metals | 0.08% | 0.13% |
| Hexaware TechnologiesIT - Software | 0.52% | 0.07% |
| GAIL (India)Gas | 1.18% | 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.