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5 of 73 unique stocks in common · Jaccard: 6.8%
A weighted portfolio overlap of 12.8% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.8 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 State Bank of India, which commands a weight of 4.24% in Aditya Birla Sun Life Quant Fund and 4.52% in SBI BSE Sensex ETF. 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 SBI |
|---|---|---|
| State Bank of IndiaBanks | 4.24% | 4.52% |
| Bharti AirtelTelecom - Services | 3.44% | 5.89% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.25% | 2.19% |
| Ultratech CementCement & Cement Products | 3.17% | 1.52% |
| HCL TechnologiesIT - Software | 2.19% | 1.41% |
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.