Loading fund overlap…
19 of 92 unique stocks in common · Jaccard: 20.7%
A weighted portfolio overlap of 44.25% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹44.25 is allocated to the exact same companies at the same relative proportions. The schemes share 19 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 8.72% in ICICI Prudential Large 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 ICICI |
|---|---|---|
| ICICI BankBanks | 5.69% | 8.72% |
| Reliance IndustriesPetroleum Products | 5.86% | 5.41% |
| HDFC BankBanks | 3.99% | 8.46% |
| Bharti AirtelTelecom - Services | 3.99% | 4.34% |
| Axis BankBanks | 3.88% | 4.67% |
| Larsen & ToubroConstruction | 3.77% | 5.38% |
| InfosysIT - Software | 5.20% | 3.60% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.61% | 2.65% |
| NTPCPower | 3.71% | 2.38% |
| Mahindra & MahindraAutomobiles | 1.91% | 2.34% |
| Ultratech CementCement & Cement Products | 1.79% | 2.69% |
| SBI Life Insurance CompanyInsurance | 3.37% | 1.09% |
| State Bank of IndiaBanks | 3.92% | 1.02% |
| United SpiritsBeverages | 2.70% | 0.97% |
| TrentRetailing | 2.78% | 0.68% |
| EternalRetailing | 3.43% | 0.54% |
| Tech MahindraIT - Software | 3.73% | 0.50% |
| Havells IndiaConsumer Durables | 1.83% | 0.28% |
| Bajaj AutoAutomobiles | 2.25% | 0.17% |
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.