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18 of 116 unique stocks in common · Jaccard: 15.5%
A weighted portfolio overlap of 25.33% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.33 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.40% in Aditya Birla Sun Life Large & Mid Cap Fund and 5.70% in Tata ELSS 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 Tata |
|---|---|---|
| ICICI BankBanks | 4.40% | 5.70% |
| State Bank of IndiaBanks | 3.90% | 4.36% |
| Samvardhana Motherson InternationalAuto Components | 1.95% | 3.18% |
| Hindalco IndustriesNon - Ferrous Metals | 2.21% | 1.85% |
| KEI IndustriesIndustrial Products | 2.28% | 1.69% |
| Bajaj FinanceFinance | 1.85% | 1.57% |
| Larsen & ToubroConstruction | 1.29% | 3.18% |
| Bharti AirtelTelecom - Services | 1.22% | 5.78% |
| Bharat ElectronicsAerospace & Defense | 2.05% | 1.21% |
| EternalRetailing | 1.47% | 1.13% |
| InfosysIT - Software | 1.11% | 2.10% |
| InterGlobe AviationTransport Services | 0.86% | 0.83% |
| K.P.R. MillTextiles & Apparels | 1.37% | 0.81% |
| Reliance IndustriesPetroleum Products | 0.79% | 3.95% |
| Brigade EnterprisesRealty | 0.85% | 0.76% |
| VedantaDiversified Metals | 0.40% | 0.64% |
| Ambuja CementsCement & Cement Products | 0.34% | 0.88% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.07% | 0.64% |
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.