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9 of 121 unique stocks in common · Jaccard: 7.4%
A weighted portfolio overlap of 10.6% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.6 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Maruti Suzuki India, which commands a weight of 3.55% in Aditya Birla Sun Life Manufacturing Equity Fund and 2.91% in HDFC Flexi Cap Fund. Holding both schemes increases your concentration in Maruti Suzuki India 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 |
|---|---|---|
| Maruti Suzuki IndiaAutomobiles | 3.55% | 2.91% |
| Reliance IndustriesPetroleum Products | 4.53% | 2.01% |
| Bajaj AutoAutomobiles | 2.03% | 1.78% |
| Tata SteelFerrous Metals | 3.28% | 1.30% |
| Piramal PharmaPharmaceuticals & Biotechnology | 0.99% | 1.53% |
| United SpiritsBeverages | 0.86% | 0.72% |
| Lenskart SolutionsRetailing | 1.11% | 0.51% |
| Dixon Technologies (India)Consumer Durables | 0.48% | 0.36% |
| Bharat ElectronicsAerospace & Defense | 2.53% | 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.