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24 of 130 unique stocks in common · Jaccard: 18.5%
A weighted portfolio overlap of 39.9% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹39.9 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 7.13% in Aditya Birla Sun Life Large Cap Fund and 8.94% in SBI ELSS Tax Saver 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 | 7.13% | 8.94% |
| Reliance IndustriesPetroleum Products | 5.63% | 4.81% |
| State Bank of IndiaBanks | 3.87% | 3.62% |
| Kotak Mahindra BankBanks | 3.55% | 5.93% |
| Larsen & ToubroConstruction | 3.79% | 2.99% |
| HDFC BankBanks | 6.79% | 2.91% |
| Axis BankBanks | 3.83% | 1.86% |
| Bharti AirtelTelecom - Services | 3.56% | 1.81% |
| Hindalco IndustriesNon - Ferrous Metals | 1.79% | 1.80% |
| Tech MahindraIT - Software | 1.08% | 1.81% |
| InfosysIT - Software | 4.24% | 1.00% |
| Cholamandalam Investment and Finance CompanyFinance | 0.98% | 1.29% |
| Mahindra & MahindraAutomobiles | 3.24% | 0.80% |
| Britannia IndustriesFood Products | 0.87% | 0.79% |
| Bajaj FinanceFinance | 1.37% | 0.74% |
| Cummins IndiaIndustrial Products | 0.69% | 0.73% |
| Godrej Consumer ProductsPersonal Products | 1.40% | 0.67% |
| HDFC Life Insurance CompanyInsurance | 0.62% | 1.96% |
| Bharat ForgeAuto Components | 0.56% | 0.93% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.95% | 0.55% |
| DelhiveryTransport Services | 0.37% | 0.88% |
| Sanofi Consumer HealthcarePharmaceuticals & Biotechnology | 0.56% | 0.22% |
| Tata Consultancy ServicesIT - Software | 0.20% | 2.08% |
| Sanofi IndiaPharmaceuticals & Biotechnology | 0.29% | 0.15% |
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.