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19 of 112 unique stocks in common · Jaccard: 17%
A weighted portfolio overlap of 35.22% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.22 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.81% in Aditya Birla Sun Life ELSS Tax Saver Fund and 5.50% in SBI Flexicap Fund. Holding both schemes increases your concentration in ICICI Bank 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 |
|---|---|---|
| ICICI BankBanks | 6.81% | 5.50% |
| HDFC BankBanks | 6.47% | 4.24% |
| Axis BankBanks | 3.98% | 4.49% |
| Larsen & ToubroConstruction | 2.49% | 4.04% |
| State Bank of IndiaBanks | 4.09% | 2.15% |
| InfosysIT - Software | 4.18% | 2.07% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.15% | 2.05% |
| Reliance IndustriesPetroleum Products | 4.24% | 1.93% |
| NTPCPower | 1.57% | 3.21% |
| Cummins IndiaIndustrial Products | 2.19% | 1.35% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 2.88% | 1.19% |
| Varun BeveragesBeverages | 1.73% | 1.12% |
| Max Financial ServicesInsurance | 1.04% | 2.22% |
| The Federal BankBanks | 2.45% | 1.01% |
| Bharti AirtelTelecom - Services | 2.84% | 0.99% |
| Titan CompanyConsumer Durables | 1.44% | 0.90% |
| Emcure PharmaceuticalsPharmaceuticals & Biotechnology | 1.58% | 0.86% |
| EternalRetailing | 2.24% | 0.46% |
| BioconPharmaceuticals & Biotechnology | 0.32% | 1.34% |
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.