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24 of 91 unique stocks in common · Jaccard: 26.4%
A weighted portfolio overlap of 48.5% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹48.5 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 ICICI Bank, which commands a weight of 8.20% in Aditya Birla Sun Life Nifty 50 Index Fund and 8.83% in HDFC Flexi Cap Fund. Holding both schemes increases your concentration in ICICI Bank 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 |
|---|---|---|
| ICICI BankBanks | 8.20% | 8.83% |
| HDFC BankBanks | 10.73% | 6.48% |
| State Bank of IndiaBanks | 4.03% | 4.22% |
| Larsen & ToubroConstruction | 4.28% | 3.55% |
| Axis BankBanks | 3.31% | 6.84% |
| Bharti AirtelTelecom - Services | 5.26% | 2.96% |
| Kotak Mahindra BankBanks | 2.56% | 3.43% |
| Reliance IndustriesPetroleum Products | 8.78% | 2.01% |
| EternalRetailing | 1.62% | 2.73% |
| Maruti Suzuki IndiaAutomobiles | 1.59% | 2.91% |
| InfosysIT - Software | 3.76% | 1.32% |
| Power Grid Corporation of IndiaPower | 1.31% | 2.51% |
| Tata SteelFerrous Metals | 1.59% | 1.30% |
| HCL TechnologiesIT - Software | 1.15% | 2.47% |
| JSW SteelFerrous Metals | 1.08% | 1.72% |
| Bajaj AutoAutomobiles | 1.01% | 1.78% |
| Eicher MotorsAutomobiles | 0.89% | 2.46% |
| InterGlobe AviationTransport Services | 0.88% | 2.79% |
| SBI Life Insurance CompanyInsurance | 0.74% | 3.76% |
| Max Healthcare InstituteHealthcare Services | 0.67% | 1.38% |
| CiplaPharmaceuticals & Biotechnology | 0.67% | 2.89% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.71% | 0.58% |
| Oil & Natural Gas CorporationOil | 1.06% | 0.58% |
| Bharat ElectronicsAerospace & Defense | 1.40% | 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.