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14 of 97 unique stocks in common · Jaccard: 14.4%
A weighted portfolio overlap of 36.03% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.03 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.47% in Aditya Birla Sun Life ELSS Tax Saver Fund and 6.58% in SBI Retirement Benefit Fund - Aggressive Plan. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 6.47% | 6.58% |
| ICICI BankBanks | 6.81% | 5.47% |
| Reliance IndustriesPetroleum Products | 4.24% | 5.42% |
| State Bank of IndiaBanks | 4.09% | 3.71% |
| Axis BankBanks | 3.98% | 2.85% |
| InfosysIT - Software | 4.18% | 2.76% |
| Larsen & ToubroConstruction | 2.49% | 4.28% |
| Hindalco IndustriesNon - Ferrous Metals | 2.40% | 2.52% |
| Bajaj FinanceFinance | 1.68% | 2.16% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 1.20% | 1.81% |
| Ultratech CementCement & Cement Products | 1.18% | 2.77% |
| Balrampur Chini MillsAgricultural Food & Other Products | 0.91% | 1.07% |
| Urban CompanyRetailing | 0.37% | 1.86% |
| BioconPharmaceuticals & Biotechnology | 0.32% | 1.15% |
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.