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23 of 140 unique stocks in common · Jaccard: 16.4%
A weighted portfolio overlap of 24.05% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.05 is allocated to the exact same companies at the same relative proportions. The schemes share 23 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 3.64% in Aditya Birla Sun Life Multi-Cap Fund and 5.41% in ICICI Prudential Large Cap Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 3.64% | 5.41% |
| ICICI BankBanks | 2.77% | 8.72% |
| Larsen & ToubroConstruction | 2.61% | 5.38% |
| Axis BankBanks | 1.86% | 4.67% |
| HDFC BankBanks | 1.86% | 8.46% |
| Mahindra & MahindraAutomobiles | 1.48% | 2.34% |
| InfosysIT - Software | 1.41% | 3.60% |
| Ultratech CementCement & Cement Products | 1.26% | 2.69% |
| State Bank of IndiaBanks | 3.38% | 1.02% |
| United SpiritsBeverages | 1.12% | 0.97% |
| Avenue SupermartsRetailing | 1.63% | 0.92% |
| InterGlobe AviationTransport Services | 0.82% | 1.83% |
| TrentRetailing | 1.16% | 0.68% |
| EternalRetailing | 2.21% | 0.54% |
| Tech MahindraIT - Software | 0.67% | 0.50% |
| TVS Motor CompanyAutomobiles | 1.03% | 0.49% |
| Tata SteelFerrous Metals | 1.40% | 0.43% |
| VedantaDiversified Metals | 0.91% | 0.29% |
| Malco EnergyOil | 0.21% | 0.13% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.24% | 0.13% |
| Talwandi Sabo PowerPower | 0.12% | 0.13% |
| Hexaware TechnologiesIT - Software | 0.74% | 0.07% |
| Vedanta Iron And SteelFerrous Metals | 0.06% | 0.13% |
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.