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13 of 82 unique stocks in common · Jaccard: 15.9%
A weighted portfolio overlap of 36.49% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.49 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.69% in Aditya Birla Sun Life Focused 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 | 5.69% | 8.83% |
| HDFC BankBanks | 3.99% | 6.48% |
| State Bank of IndiaBanks | 3.92% | 4.22% |
| Axis BankBanks | 3.88% | 6.84% |
| Larsen & ToubroConstruction | 3.77% | 3.55% |
| SBI Life Insurance CompanyInsurance | 3.37% | 3.76% |
| Bharti AirtelTelecom - Services | 3.99% | 2.96% |
| EternalRetailing | 3.43% | 2.73% |
| Reliance IndustriesPetroleum Products | 5.86% | 2.01% |
| Bajaj AutoAutomobiles | 2.25% | 1.78% |
| InfosysIT - Software | 5.20% | 1.32% |
| United SpiritsBeverages | 2.70% | 0.72% |
| Havells IndiaConsumer Durables | 1.83% | 0.57% |
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.