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20 of 105 unique stocks in common · Jaccard: 19%
A weighted portfolio overlap of 22.5% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.5 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 7.07% in Aditya Birla Sun Life Equity Savings Fund and 4.04% in SBI Equity Hybrid 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 | 7.07% | 4.04% |
| Kotak Mahindra BankBanks | 2.83% | 3.20% |
| State Bank of IndiaBanks | 2.50% | 3.79% |
| HDFC BankBanks | 6.62% | 2.39% |
| Reliance IndustriesPetroleum Products | 4.24% | 2.36% |
| Bajaj FinanceFinance | 1.70% | 2.49% |
| Bharti AirtelTelecom - Services | 1.36% | 3.27% |
| Asian PaintsConsumer Durables | 1.02% | 1.75% |
| ITCDiversified FMCG | 0.85% | 0.79% |
| Larsen & ToubroConstruction | 0.70% | 2.50% |
| InfosysIT - Software | 0.61% | 1.65% |
| DLFRealty | 0.50% | 0.91% |
| Vishal Mega MartRetailing | 0.37% | 1.01% |
| Tata Consultancy ServicesIT - Software | 0.30% | 1.08% |
| SwiggyRetailing | 0.28% | 0.71% |
| NTPCPower | 0.23% | 0.88% |
| Hindalco IndustriesNon - Ferrous Metals | 0.18% | 1.74% |
| Coal IndiaConsumable Fuels | 0.13% | 1.80% |
| InterGlobe AviationTransport Services | 0.12% | 2.25% |
| Max Healthcare InstituteHealthcare Services | 0.09% | 0.80% |
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.