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14 of 84 unique stocks in common · Jaccard: 16.7%
A weighted portfolio overlap of 26.59% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.59 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is The Federal Bank, which commands a weight of 4.08% in Aditya Birla Sun Life Quant Fund and 4.51% in Back to Index. Holding both schemes increases your concentration in The Federal 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 Back |
|---|---|---|
| The Federal BankBanks | 4.08% | 4.51% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 3.86% | 3.06% |
| Cummins IndiaIndustrial Products | 2.62% | 4.79% |
| Muthoot FinanceFinance | 2.45% | 4.36% |
| L&T FinanceFinance | 2.31% | 3.27% |
| Indian BankBanks | 2.08% | 2.49% |
| Polycab IndiaIndustrial Products | 2.45% | 1.63% |
| Mahindra & Mahindra Financial ServicesFinance | 2.10% | 1.57% |
| LupinPharmaceuticals & Biotechnology | 2.56% | 1.54% |
| Hindustan Petroleum CorporationPetroleum Products | 1.97% | 1.43% |
| Max Financial ServicesInsurance | 1.29% | 2.84% |
| MaricoAgricultural Food & Other Products | 3.56% | 1.24% |
| APL Apollo TubesIndustrial Products | 2.29% | 0.86% |
| National Aluminium CompanyNon - Ferrous Metals | 0.44% | 1.82% |
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 Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.