Loading fund overlap…
12 of 113 unique stocks in common · Jaccard: 10.6%
A weighted portfolio overlap of 16.78% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.78 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Larsen & Toubro, which commands a weight of 5.72% in Aditya Birla Sun Life Infrastructure Fund and 3.55% in HDFC Flexi Cap Fund. Holding both schemes increases your concentration in Larsen & Toubro 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 |
|---|---|---|
| Larsen & ToubroConstruction | 5.72% | 3.55% |
| Bharti AirtelTelecom - Services | 5.36% | 2.96% |
| Reliance IndustriesPetroleum Products | 4.01% | 2.01% |
| State Bank of IndiaBanks | 1.82% | 4.22% |
| ICICI BankBanks | 1.80% | 8.83% |
| InterGlobe AviationTransport Services | 1.59% | 2.79% |
| Axis BankBanks | 1.33% | 6.84% |
| Kalpataru Projects InternationalConstruction | 1.36% | 0.59% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.99% | 0.58% |
| The Ramco CementsCement & Cement Products | 0.29% | 0.34% |
| Hindustan Petroleum CorporationPetroleum Products | 1.39% | 0.25% |
| Bharat ElectronicsAerospace & Defense | 1.65% | 0.02% |
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.