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5 of 48 unique stocks in common · Jaccard: 10.4%
A weighted portfolio overlap of 16.44% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.44 is allocated to the exact same companies at the same relative proportions. The schemes share 5 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 7.28% in SBI Focused 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 SBI |
|---|---|---|
| ICICI BankBanks | 5.69% | 7.28% |
| Bharti AirtelTelecom - Services | 3.99% | 5.49% |
| State Bank of IndiaBanks | 3.92% | 6.21% |
| Bajaj FinanceFinance | 2.11% | 4.96% |
| Sona BLW Precision ForgingsAuto Components | 0.73% | 2.48% |
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.