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14 of 184 unique stocks in common · Jaccard: 7.6%
A weighted portfolio overlap of 9.78% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.78 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is Maruti Suzuki India, which commands a weight of 5.56% in Aditya Birla Sun Life MNC Fund and 2.27% in HDFC Dividend Yield 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 | 5.56% | 2.27% |
| Hindustan UnileverDiversified FMCG | 4.14% | 1.09% |
| Cummins IndiaIndustrial Products | 3.67% | 0.99% |
| Nestle IndiaFood Products | 3.56% | 0.81% |
| SiemensElectrical Equipment | 1.40% | 0.69% |
| Ambuja CementsCement & Cement Products | 0.66% | 1.04% |
| RBL BankBanks | 0.80% | 0.61% |
| Blue Dart ExpressTransport Services | 0.69% | 0.55% |
| BoschAuto Components | 1.89% | 0.52% |
| Gland PharmaPharmaceuticals & Biotechnology | 2.41% | 0.40% |
| Whirlpool of IndiaConsumer Durables | 1.49% | 0.39% |
| SKF India (Industrial)Industrial Products | 0.60% | 0.36% |
| RHI Magnesita IndiaIndustrial Products | 0.32% | 0.69% |
| Timken IndiaIndustrial Products | 1.15% | 0.11% |
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.