Loading…
23 of 120 unique stocks in common · Jaccard: 19.2%
A weighted portfolio overlap of 36.97% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.97 is allocated to the exact same companies at the same relative proportions. The schemes share 23 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 8.83% in HDFC Flexi Cap 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 HDFC |
|---|---|---|
| ICICI BankBanks | 5.84% | 8.83% |
| HDFC BankBanks | 3.61% | 6.48% |
| Kotak Mahindra BankBanks | 3.45% | 3.43% |
| State Bank of IndiaBanks | 2.71% | 4.22% |
| Bharti AirtelTelecom - Services | 2.28% | 2.96% |
| Reliance IndustriesPetroleum Products | 3.19% | 2.01% |
| HCL TechnologiesIT - Software | 1.92% | 2.47% |
| Axis BankBanks | 1.73% | 6.84% |
| SBI Life Insurance CompanyInsurance | 1.70% | 3.76% |
| Larsen & ToubroConstruction | 1.59% | 3.55% |
| InfosysIT - Software | 2.84% | 1.32% |
| Persistent SystemsIT - Software | 1.36% | 1.25% |
| Bajaj AutoAutomobiles | 1.21% | 1.78% |
| Maruti Suzuki IndiaAutomobiles | 1.09% | 2.91% |
| EternalRetailing | 1.07% | 2.73% |
| United SpiritsBeverages | 1.34% | 0.72% |
| Dr. Lal Path LabsHealthcare Services | 0.97% | 0.66% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.34% | 0.58% |
| Anthem BiosciencesPharmaceuticals & Biotechnology | 0.75% | 0.57% |
| Havells IndiaConsumer Durables | 0.55% | 0.57% |
| Lenskart SolutionsRetailing | 1.58% | 0.51% |
| Metropolis HealthcareHealthcare Services | 0.52% | 0.35% |
| Hindustan Petroleum CorporationPetroleum Products | 1.24% | 0.25% |
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.