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26 of 110 unique stocks in common · Jaccard: 23.6%
A weighted portfolio overlap of 50.52% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹50.52 is allocated to the exact same companies at the same relative proportions. The schemes share 26 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.79% in Aditya Birla Sun Life Large Cap Fund and 9.31% in Nippon India Large Cap Fund. Holding both schemes increases your concentration in HDFC 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 Nippon |
|---|---|---|
| HDFC BankBanks | 6.79% | 9.31% |
| ICICI BankBanks | 7.13% | 6.47% |
| Reliance IndustriesPetroleum Products | 5.63% | 7.30% |
| State Bank of IndiaBanks | 3.87% | 6.04% |
| Axis BankBanks | 3.83% | 4.46% |
| Larsen & ToubroConstruction | 3.79% | 3.71% |
| InfosysIT - Software | 4.24% | 3.32% |
| NTPCPower | 2.21% | 2.99% |
| EternalRetailing | 2.09% | 1.71% |
| HCL TechnologiesIT - Software | 1.32% | 1.88% |
| Maruti Suzuki IndiaAutomobiles | 1.23% | 2.17% |
| SBI Life Insurance CompanyInsurance | 1.74% | 1.10% |
| ITCDiversified FMCG | 1.09% | 5.84% |
| Mahindra & MahindraAutomobiles | 3.24% | 0.99% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.95% | 0.89% |
| Hindustan UnileverDiversified FMCG | 0.85% | 1.40% |
| ICICI Lombard General Insurance CompanyInsurance | 0.77% | 1.11% |
| Samvardhana Motherson InternationalAuto Components | 0.75% | 0.85% |
| Bharti AirtelTelecom - Services | 3.56% | 0.73% |
| HDFC Life Insurance CompanyInsurance | 0.62% | 0.89% |
| Godrej Consumer ProductsPersonal Products | 1.40% | 0.61% |
| Ultratech CementCement & Cement Products | 1.37% | 0.57% |
| Jindal SteelFerrous Metals | 0.50% | 0.71% |
| Tech MahindraIT - Software | 1.08% | 0.41% |
| Gland PharmaPharmaceuticals & Biotechnology | 0.32% | 0.55% |
| Honeywell Automation IndiaIndustrial Manufacturing | 0.22% | 0.70% |
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 Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.