Loading fund overlap…
17 of 43 unique stocks in common · Jaccard: 39.5%
A weighted portfolio overlap of 51.09% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹51.09 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 5.86% in Aditya Birla Sun Life Focused Fund and 10.08% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in Reliance Industries 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 SBI |
|---|---|---|
| Reliance IndustriesPetroleum Products | 5.86% | 10.08% |
| ICICI BankBanks | 5.69% | 10.14% |
| InfosysIT - Software | 5.20% | 4.56% |
| HDFC BankBanks | 3.99% | 12.80% |
| Bharti AirtelTelecom - Services | 3.99% | 5.89% |
| State Bank of IndiaBanks | 3.92% | 4.52% |
| Axis BankBanks | 3.88% | 4.15% |
| Larsen & ToubroConstruction | 3.77% | 5.38% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.61% | 2.19% |
| Bajaj FinanceFinance | 2.11% | 2.73% |
| NTPCPower | 3.71% | 2.07% |
| EternalRetailing | 3.43% | 2.02% |
| Mahindra & MahindraAutomobiles | 1.91% | 3.07% |
| Ultratech CementCement & Cement Products | 1.79% | 1.52% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 3.66% | 1.50% |
| Tech MahindraIT - Software | 3.73% | 1.07% |
| TrentRetailing | 2.78% | 1.05% |
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.