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15 of 131 unique stocks in common · Jaccard: 11.5%
A weighted portfolio overlap of 20.29% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.29 is allocated to the exact same companies at the same relative proportions. The schemes share 15 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 4.61% in ICICI Prudential Innovation 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 ICICI |
|---|---|---|
| ICICI BankBanks | 5.84% | 4.61% |
| Bharti AirtelTelecom - Services | 2.28% | 2.02% |
| Axis BankBanks | 1.73% | 3.06% |
| Godrej Consumer ProductsPersonal Products | 1.82% | 1.49% |
| Mankind PharmaPharmaceuticals & Biotechnology | 1.46% | 1.96% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.34% | 1.41% |
| Larsen & ToubroConstruction | 1.59% | 1.34% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.18% | 1.67% |
| Maruti Suzuki IndiaAutomobiles | 1.09% | 4.61% |
| EternalRetailing | 1.07% | 2.54% |
| Cummins IndiaIndustrial Products | 0.82% | 1.26% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.61% | 1.95% |
| Amagi Media LabsIT - Services | 0.58% | 0.96% |
| Angel OneCapital Markets | 1.14% | 0.51% |
| CG Power and Industrial SolutionsElectrical Equipment | 1.27% | 0.42% |
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.