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9 of 129 unique stocks in common · Jaccard: 7%
A weighted portfolio overlap of 8.98% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.98 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 Honeywell Automation India, which commands a weight of 2.15% in Aditya Birla Sun Life MNC Fund and 2.83% in SBI Smallcap Fund. Holding both schemes increases your concentration in Honeywell Automation 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 SBI |
|---|---|---|
| Honeywell Automation IndiaIndustrial Manufacturing | 2.15% | 2.83% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 1.50% | 2.75% |
| SBFC FinanceFinance | 1.26% | 2.25% |
| Aptus Value Housing Finance IndiaFinance | 1.09% | 1.36% |
| Doms IndustriesHousehold Products | 0.82% | 1.93% |
| RBL BankBanks | 0.80% | 0.73% |
| MeeshoRetailing | 0.60% | 0.69% |
| ESAB IndiaIndustrial Products | 0.57% | 1.57% |
| Westlife FoodworldLeisure Services | 0.27% | 0.84% |
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.