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19 of 152 unique stocks in common · Jaccard: 12.5%
A weighted portfolio overlap of 19.16% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.16 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is Hindustan Unilever, which commands a weight of 4.14% in Aditya Birla Sun Life MNC Fund and 3.72% in Tata BSE Multicap Consumption 50-30-20 Index Fund. Holding both schemes increases your concentration in Hindustan Unilever 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 Tata |
|---|---|---|
| Hindustan UnileverDiversified FMCG | 4.14% | 3.72% |
| Maruti Suzuki IndiaAutomobiles | 5.56% | 3.36% |
| Nestle IndiaFood Products | 3.56% | 1.97% |
| SwiggyRetailing | 1.71% | 1.19% |
| Britannia IndustriesFood Products | 1.08% | 1.19% |
| Colgate Palmolive (India)Personal Products | 1.00% | 0.90% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 1.50% | 0.81% |
| Asahi India GlassAuto Components | 1.46% | 0.79% |
| Motherson Sumi Wiring IndiaAuto Components | 1.07% | 0.72% |
| United SpiritsBeverages | 3.37% | 0.72% |
| BoschAuto Components | 1.89% | 0.60% |
| Schaeffler IndiaAuto Components | 3.61% | 0.56% |
| Hyundai Motor IndiaAutomobiles | 1.08% | 0.52% |
| Gillette IndiaPersonal Products | 1.54% | 0.48% |
| Whirlpool of IndiaConsumer Durables | 1.49% | 0.46% |
| AWL Agri BusinessAgricultural Food & Other Products | 0.55% | 0.36% |
| Bata IndiaConsumer Durables | 0.69% | 0.31% |
| United BreweriesBeverages | 2.97% | 0.31% |
| Procter & Gamble Hygiene and Health CarePersonal Products | 2.10% | 0.30% |
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.