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12 of 95 unique stocks in common · Jaccard: 12.6%
A weighted portfolio overlap of 19.79% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.79 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.84% in Aditya Birla Sun Life Flexi Cap Fund and 3.86% in Back to Index. 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 Back |
|---|---|---|
| ICICI BankBanks | 5.84% | 3.86% |
| State Bank of IndiaBanks | 2.71% | 2.83% |
| Bharti AirtelTelecom - Services | 2.28% | 5.17% |
| Ather EnergyAutomobiles | 1.64% | 3.81% |
| Radico KhaitanBeverages | 1.60% | 1.75% |
| Larsen & ToubroConstruction | 1.59% | 4.04% |
| Persistent SystemsIT - Software | 1.36% | 4.56% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.34% | 3.03% |
| CG Power and Industrial SolutionsElectrical Equipment | 1.27% | 6.43% |
| EternalRetailing | 1.07% | 5.32% |
| Shriram FinanceFinance | 0.73% | 4.13% |
| Onesource Specialty PharmaPharmaceuticals & Biotechnology | 0.33% | 2.20% |
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.