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10 of 82 unique stocks in common · Jaccard: 12.2%
A weighted portfolio overlap of 16.02% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.02 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 4.18% in Aditya Birla Sun Life ELSS Tax Saver Fund and 3.04% in SBI Quant 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 SBI |
|---|---|---|
| InfosysIT - Software | 4.18% | 3.04% |
| The Federal BankBanks | 2.45% | 4.87% |
| Tech MahindraIT - Software | 2.36% | 5.08% |
| HDFC BankBanks | 6.47% | 2.21% |
| Bajaj FinanceFinance | 1.68% | 3.70% |
| Axis BankBanks | 3.98% | 1.36% |
| Hindustan UnileverDiversified FMCG | 1.00% | 2.36% |
| ICICI BankBanks | 6.81% | 0.73% |
| Reliance IndustriesPetroleum Products | 4.24% | 0.65% |
| NTPCPower | 1.57% | 0.55% |
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.