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26 of 116 unique stocks in common · Jaccard: 22.4%
A weighted portfolio overlap of 37.9% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.9 is allocated to the exact same companies at the same relative proportions. The schemes share 26 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.95% in Aditya Birla Sun Life Equity Hybrid '95 Fund and 7.44% in Nippon India Retirement Fund - Wealth Creation Scheme. 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 Nippon |
|---|---|---|
| ICICI BankBanks | 5.95% | 7.44% |
| HDFC BankBanks | 5.19% | 6.15% |
| Reliance IndustriesPetroleum Products | 4.25% | 6.64% |
| State Bank of IndiaBanks | 2.88% | 2.67% |
| Axis BankBanks | 2.66% | 3.63% |
| Larsen & ToubroConstruction | 2.35% | 3.20% |
| InfosysIT - Software | 2.42% | 2.30% |
| Hindalco IndustriesNon - Ferrous Metals | 1.52% | 1.25% |
| EternalRetailing | 1.24% | 2.19% |
| Ultratech CementCement & Cement Products | 1.18% | 1.45% |
| Titan CompanyConsumer Durables | 0.97% | 1.16% |
| NTPCPower | 0.85% | 2.47% |
| The Federal BankBanks | 0.80% | 1.00% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.71% | 1.06% |
| Sona BLW Precision ForgingsAuto Components | 0.71% | 1.21% |
| Gland PharmaPharmaceuticals & Biotechnology | 0.61% | 1.00% |
| LTIMindtreeIT - Software | 0.61% | 1.83% |
| Bharat ForgeAuto Components | 0.59% | 0.82% |
| ICICI Lombard General Insurance CompanyInsurance | 0.56% | 1.94% |
| VoltasConsumer Durables | 0.41% | 1.07% |
| Cyient DLMAerospace & Defense | 0.40% | 2.13% |
| United BreweriesBeverages | 0.38% | 1.45% |
| Bajaj FinservFinance | 0.37% | 0.42% |
| SBI Life Insurance CompanyInsurance | 0.36% | 1.05% |
| Container Corporation of IndiaTransport Services | 0.29% | 1.30% |
| Hindustan AeronauticsAerospace & Defense | 0.25% | 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 Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.