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21 of 126 unique stocks in common · Jaccard: 16.7%
A weighted portfolio overlap of 25.52% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.52 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 3.38% in Aditya Birla Sun Life Multi-Cap Fund and 4.22% in HDFC Flexi Cap Fund. Holding both schemes increases your concentration in State Bank of 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 |
|---|---|---|
| State Bank of IndiaBanks | 3.38% | 4.22% |
| ICICI BankBanks | 2.77% | 8.83% |
| Larsen & ToubroConstruction | 2.61% | 3.55% |
| EternalRetailing | 2.21% | 2.73% |
| Reliance IndustriesPetroleum Products | 3.64% | 2.01% |
| Axis BankBanks | 1.86% | 6.84% |
| HDFC BankBanks | 1.86% | 6.48% |
| InfosysIT - Software | 1.41% | 1.32% |
| Tata SteelFerrous Metals | 1.40% | 1.30% |
| Persistent SystemsIT - Software | 1.58% | 1.25% |
| InterGlobe AviationTransport Services | 0.82% | 2.79% |
| United SpiritsBeverages | 1.12% | 0.72% |
| Vishal Mega MartRetailing | 1.05% | 0.70% |
| Lenskart SolutionsRetailing | 0.53% | 0.51% |
| CyientIT - Services | 0.58% | 0.49% |
| Prestige Estates ProjectsRealty | 0.89% | 0.45% |
| Metropolis HealthcareHealthcare Services | 0.59% | 0.35% |
| The Ramco CementsCement & Cement Products | 0.48% | 0.34% |
| TVS Motor CompanyAutomobiles | 1.03% | 0.29% |
| Hindustan Petroleum CorporationPetroleum Products | 0.58% | 0.25% |
| Hexaware TechnologiesIT - Software | 0.74% | 0.03% |
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.