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16 of 84 unique stocks in common · Jaccard: 19%
A weighted portfolio overlap of 28.41% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.41 is allocated to the exact same companies at the same relative proportions. The schemes share 16 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 3.76% in SBI Nifty 50 ETF. 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 SBI |
|---|---|---|
| InfosysIT - Software | 3.71% | 3.76% |
| State Bank of IndiaBanks | 4.87% | 3.70% |
| Axis BankBanks | 2.79% | 3.41% |
| ITCDiversified FMCG | 4.19% | 2.56% |
| Tata Consultancy ServicesIT - Software | 2.07% | 2.13% |
| Hindustan UnileverDiversified FMCG | 4.29% | 1.77% |
| NTPCPower | 5.23% | 1.70% |
| Bharat ElectronicsAerospace & Defense | 2.48% | 1.36% |
| HDFC BankBanks | 1.31% | 10.53% |
| Shriram FinanceFinance | 2.25% | 1.23% |
| Power Grid Corporation of IndiaPower | 1.67% | 1.22% |
| HCL TechnologiesIT - Software | 1.88% | 1.15% |
| Bajaj AutoAutomobiles | 1.73% | 1.07% |
| Coal IndiaConsumable Fuels | 2.57% | 0.96% |
| Oil & Natural Gas CorporationOil | 1.26% | 0.95% |
| Tech MahindraIT - Software | 3.51% | 0.87% |
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.