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10 of 44 unique stocks in common · Jaccard: 22.7%
A weighted portfolio overlap of 36.89% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.89 is allocated to the exact same companies at the same relative proportions. The schemes share 10 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 7.33% in ICICI Prudential Long Term Wealth Enhancement 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% | 7.33% |
| Reliance IndustriesPetroleum Products | 5.86% | 5.34% |
| InfosysIT - Software | 5.20% | 4.11% |
| HDFC BankBanks | 3.99% | 7.54% |
| Bharti AirtelTelecom - Services | 3.99% | 4.91% |
| EternalRetailing | 3.43% | 4.41% |
| TrentRetailing | 2.78% | 3.93% |
| State Bank of IndiaBanks | 3.92% | 2.64% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.61% | 3.51% |
| Axis BankBanks | 3.88% | 2.31% |
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.