Loading fund overlap…
5 of 65 unique stocks in common · Jaccard: 7.7%
A weighted portfolio overlap of 6.19% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹6.19 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 NTPC, which commands a weight of 14.48% in Aditya Birla Sun Life Nifty Pse ETF and 1.70% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in NTPC 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 |
|---|---|---|
| NTPCPower | 14.48% | 1.70% |
| Bharat ElectronicsAerospace & Defense | 11.82% | 1.36% |
| Power Grid Corporation of IndiaPower | 11.03% | 1.22% |
| Coal IndiaConsumable Fuels | 8.36% | 0.96% |
| Oil & Natural Gas CorporationOil | 8.90% | 0.95% |
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.