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24 of 91 unique stocks in common · Jaccard: 26.4%
A weighted portfolio overlap of 39.52% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹39.52 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is Larsen & Toubro, which commands a weight of 2.13% in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund and 3.55% in HDFC Flexi Cap Fund. Holding both schemes increases your concentration in Larsen & Toubro 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 |
|---|---|---|
| Larsen & ToubroConstruction | 2.13% | 3.55% |
| CiplaPharmaceuticals & Biotechnology | 2.00% | 2.89% |
| Maruti Suzuki IndiaAutomobiles | 1.99% | 2.91% |
| Power Grid Corporation of IndiaPower | 1.98% | 2.51% |
| Axis BankBanks | 1.98% | 6.84% |
| Bharti AirtelTelecom - Services | 1.95% | 2.96% |
| Kotak Mahindra BankBanks | 1.95% | 3.43% |
| EternalRetailing | 1.94% | 2.73% |
| State Bank of IndiaBanks | 1.93% | 4.22% |
| InterGlobe AviationTransport Services | 1.93% | 2.79% |
| Eicher MotorsAutomobiles | 1.93% | 2.46% |
| Reliance IndustriesPetroleum Products | 1.89% | 2.01% |
| ICICI BankBanks | 1.88% | 8.83% |
| HDFC BankBanks | 1.88% | 6.48% |
| SBI Life Insurance CompanyInsurance | 1.85% | 3.76% |
| Bajaj AutoAutomobiles | 2.09% | 1.78% |
| JSW SteelFerrous Metals | 2.08% | 1.72% |
| HCL TechnologiesIT - Software | 1.63% | 2.47% |
| Max Healthcare InstituteHealthcare Services | 1.91% | 1.38% |
| InfosysIT - Software | 1.72% | 1.32% |
| Tata SteelFerrous Metals | 2.07% | 1.30% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.92% | 0.58% |
| Oil & Natural Gas CorporationOil | 2.08% | 0.58% |
| Bharat ElectronicsAerospace & Defense | 1.94% | 0.02% |
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.