Loading fund overlap…
4 of 88 unique stocks in common · Jaccard: 4.5%
A weighted portfolio overlap of 9.92% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.92 is allocated to the exact same companies at the same relative proportions. The schemes share 4 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 4.24% in Aditya Birla Sun Life Quant Fund and 3.28% in Franklin India Opportunities Fund. Holding both schemes increases your concentration in State Bank of India 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 Franklin |
|---|---|---|
| State Bank of IndiaBanks | 4.24% | 3.28% |
| TVS Motor CompanyAutomobiles | 2.90% | 2.85% |
| APL Apollo TubesIndustrial Products | 2.29% | 3.49% |
| Ultratech CementCement & Cement Products | 3.17% | 1.50% |
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.