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5 of 65 unique stocks in common · Jaccard: 7.7%
A weighted portfolio overlap of 4.66% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.66 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is Sun Pharmaceutical Industries, which commands a weight of 19.05% in Aditya Birla Sun Life Nifty Healthcare ETF and 1.76% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in Sun Pharmaceutical 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 SBI |
|---|---|---|
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 19.05% | 1.76% |
| Apollo Hospitals EnterpriseHealthcare Services | 7.82% | 0.78% |
| CiplaPharmaceuticals & Biotechnology | 7.33% | 0.73% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 8.02% | 0.73% |
| Max Healthcare InstituteHealthcare Services | 7.35% | 0.66% |
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.