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10 of 124 unique stocks in common · Jaccard: 8.1%
A weighted portfolio overlap of 17.83% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.83 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 Reliance Industries, which commands a weight of 4.24% in Aditya Birla Sun Life ELSS Tax Saver Fund and 9.35% in Tata Nifty500 Multicap Infrastructure 50-30-20 Index Fund. Holding both schemes increases your concentration in Reliance Industries 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 Tata |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.24% | 9.35% |
| Bharti AirtelTelecom - Services | 2.84% | 9.87% |
| Larsen & ToubroConstruction | 2.49% | 8.41% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 2.88% | 2.34% |
| Fortis HealthcareHealthcare Services | 2.49% | 1.75% |
| NTPCPower | 1.57% | 3.22% |
| Ultratech CementCement & Cement Products | 1.18% | 2.39% |
| Prestige Estates ProjectsRealty | 0.55% | 0.84% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 1.20% | 0.55% |
| Aditya Birla Real EstateRealty | 1.05% | 0.32% |
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.