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17 of 135 unique stocks in common · Jaccard: 12.6%
A weighted portfolio overlap of 11.45% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.45 is allocated to the exact same companies at the same relative proportions. The schemes share 17 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 3.55% in ICICI Prudential Large 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 ICICI |
|---|---|---|
| Maruti Suzuki IndiaAutomobiles | 5.56% | 3.55% |
| United SpiritsBeverages | 3.37% | 0.97% |
| Hyundai Motor IndiaAutomobiles | 1.08% | 0.95% |
| Britannia IndustriesFood Products | 1.08% | 0.91% |
| Cummins IndiaIndustrial Products | 3.67% | 0.91% |
| Hindustan UnileverDiversified FMCG | 4.14% | 0.83% |
| SiemensElectrical Equipment | 1.40% | 0.77% |
| Procter & Gamble Hygiene and Health CarePersonal Products | 2.10% | 0.64% |
| SwiggyRetailing | 1.71% | 0.42% |
| ABB IndiaElectrical Equipment | 1.85% | 0.36% |
| United BreweriesBeverages | 2.97% | 0.30% |
| VedantaDiversified Metals | 1.29% | 0.29% |
| Malco EnergyOil | 0.29% | 0.13% |
| Talwandi Sabo PowerPower | 0.17% | 0.13% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.75% | 0.13% |
| Vedanta Iron And SteelFerrous Metals | 0.09% | 0.13% |
| Hexaware TechnologiesIT - Software | 1.03% | 0.07% |
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.