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10 of 87 unique stocks in common · Jaccard: 11.5%
A weighted portfolio overlap of 16.26% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.26 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Adani Power, which commands a weight of 3.72% in Aditya Birla Sun Life Nifty Next 50 Index Fund and 4.03% in SBI Equity Hybrid Fund. Holding both schemes increases your concentration in Adani Power 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 |
|---|---|---|
| Adani PowerPower | 3.72% | 4.03% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 3.35% | 2.62% |
| Adani Energy SolutionsPower | 1.89% | 3.63% |
| Avenue SupermartsRetailing | 2.74% | 1.59% |
| Solar Industries IndiaChemicals & Petrochemicals | 1.52% | 3.89% |
| Muthoot FinanceFinance | 1.49% | 2.79% |
| Shree CementCement & Cement Products | 1.31% | 1.78% |
| Jindal SteelFerrous Metals | 1.84% | 1.01% |
| DLFRealty | 1.53% | 0.91% |
| Varun BeveragesBeverages | 2.85% | 0.21% |
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.