Loading fund overlap…
7 of 112 unique stocks in common · Jaccard: 6.3%
A weighted portfolio overlap of 5.8% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.8 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is Divi's Laboratories, which commands a weight of 3.35% in Aditya Birla Sun Life Nifty Next 50 Index Fund and 1.18% in HDFC Flexi Cap Fund. Holding both schemes increases your concentration in Divi's Laboratories 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 |
|---|---|---|
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 3.35% | 1.18% |
| BoschAuto Components | 1.26% | 1.10% |
| Hyundai Motor IndiaAutomobiles | 1.05% | 1.70% |
| Britannia IndustriesFood Products | 2.73% | 0.77% |
| United SpiritsBeverages | 1.59% | 0.72% |
| Bank of BarodaBanks | 1.98% | 0.69% |
| TVS Motor CompanyAutomobiles | 3.32% | 0.29% |
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.