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17 of 123 unique stocks in common · Jaccard: 13.8%
A weighted portfolio overlap of 20.09% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.09 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.74% in Aditya Birla Sun Life Retirement Fund - The 30S Plan and 8.83% in HDFC Flexi Cap Fund. Holding both schemes increases your concentration in ICICI 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 HDFC |
|---|---|---|
| ICICI BankBanks | 3.74% | 8.83% |
| HDFC BankBanks | 2.34% | 6.48% |
| EternalRetailing | 2.00% | 2.73% |
| Axis BankBanks | 1.82% | 6.84% |
| Larsen & ToubroConstruction | 1.73% | 3.55% |
| State Bank of IndiaBanks | 1.46% | 4.22% |
| InfosysIT - Software | 1.24% | 1.32% |
| SBI Life Insurance CompanyInsurance | 1.24% | 3.76% |
| Reliance IndustriesPetroleum Products | 0.93% | 2.01% |
| PB FintechFinancial Technology (Fintech) | 0.92% | 1.18% |
| Persistent SystemsIT - Software | 0.86% | 1.25% |
| CyientIT - Services | 0.61% | 0.49% |
| Prestige Estates ProjectsRealty | 1.29% | 0.45% |
| TVS Motor CompanyAutomobiles | 1.20% | 0.29% |
| SwiggyRetailing | 1.48% | 0.27% |
| Hindustan Petroleum CorporationPetroleum Products | 1.04% | 0.25% |
| Nippon Life India Asset ManagementCapital Markets | 0.59% | 0.05% |
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.