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28 of 97 unique stocks in common · Jaccard: 28.9%
A weighted portfolio overlap of 37.45% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.45 is allocated to the exact same companies at the same relative proportions. The schemes share 28 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 5.71% in ICICI Prudential MNC 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% | 5.71% |
| Hindustan UnileverDiversified FMCG | 4.14% | 7.96% |
| Nestle IndiaFood Products | 3.56% | 4.88% |
| Gland PharmaPharmaceuticals & Biotechnology | 2.41% | 3.75% |
| United SpiritsBeverages | 3.37% | 1.92% |
| United BreweriesBeverages | 2.97% | 1.90% |
| Procter & Gamble Hygiene and Health CarePersonal Products | 2.10% | 1.68% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 1.50% | 2.93% |
| PfizerPharmaceuticals & Biotechnology | 2.16% | 1.48% |
| SiemensElectrical Equipment | 1.40% | 2.01% |
| VedantaDiversified Metals | 1.29% | 2.68% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.75% | 1.10% |
| Hyundai Motor IndiaAutomobiles | 1.08% | 2.64% |
| Britannia IndustriesFood Products | 1.08% | 5.10% |
| Honeywell Automation IndiaIndustrial Manufacturing | 2.15% | 1.05% |
| ABB IndiaElectrical Equipment | 1.85% | 0.98% |
| Colgate Palmolive (India)Personal Products | 1.00% | 0.97% |
| CoforgeIT - Software | 0.90% | 2.00% |
| Abbott IndiaPharmaceuticals & Biotechnology | 0.78% | 0.97% |
| Sumitomo Chemical IndiaFertilizers & Agrochemicals | 1.29% | 0.74% |
| Cohance LifesciencesPharmaceuticals & Biotechnology | 0.65% | 1.17% |
| RHI Magnesita IndiaIndustrial Products | 0.32% | 0.68% |
| Malco EnergyOil | 0.29% | 1.10% |
| Bayer CropscienceFertilizers & Agrochemicals | 2.71% | 0.28% |
| Talwandi Sabo PowerPower | 0.17% | 1.10% |
| Vedanta Iron And SteelFerrous Metals | 0.09% | 1.10% |
| GlaxoSmithKline PharmaceuticalsPharmaceuticals & Biotechnology | 1.82% | 0.07% |
| Schaeffler IndiaAuto Components | 3.61% | 0.05% |
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.