Loading fund overlap…
49 of 510 unique stocks in common · Jaccard: 9.6%
A weighted portfolio overlap of 34.99% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹34.99 is allocated to the exact same companies at the same relative proportions. The schemes share 49 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.93% in Aditya Birla Sun Life Retirement Fund - The 40S Plan and 4.66% in Back to Index. 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 Back |
|---|---|---|
| ICICI BankBanks | 5.93% | 4.66% |
| HDFC BankBanks | 4.31% | 6.09% |
| Reliance IndustriesPetroleum Products | 3.33% | 4.98% |
| State Bank of IndiaBanks | 2.71% | 2.29% |
| InfosysIT - Software | 3.41% | 2.14% |
| Larsen & ToubroConstruction | 2.13% | 2.43% |
| Axis BankBanks | 2.25% | 1.88% |
| Kotak Mahindra BankBanks | 2.07% | 1.46% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.67% | 0.99% |
| NTPCPower | 1.80% | 0.98% |
| Titan CompanyConsumer Durables | 1.13% | 0.93% |
| EternalRetailing | 1.09% | 0.92% |
| Bajaj FinanceFinance | 0.90% | 1.29% |
| Hindalco IndustriesNon - Ferrous Metals | 2.30% | 0.77% |
| Ultratech CementCement & Cement Products | 2.91% | 0.71% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.73% | 0.63% |
| Oil & Natural Gas CorporationOil | 1.49% | 0.60% |
| Bajaj AutoAutomobiles | 1.70% | 0.57% |
| SBI Life Insurance CompanyInsurance | 0.81% | 0.42% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.49% | 0.41% |
| Avenue SupermartsRetailing | 1.62% | 0.35% |
| Bank of BarodaBanks | 0.70% | 0.25% |
| Fortis HealthcareHealthcare Services | 1.23% | 0.25% |
| Dixon Technologies (India)Consumer Durables | 1.11% | 0.24% |
| VedantaDiversified Metals | 0.72% | 0.24% |
| Cholamandalam Investment and Finance CompanyFinance | 0.23% | 0.35% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 1.48% | 0.23% |
| Godrej Consumer ProductsPersonal Products | 0.61% | 0.22% |
| ICICI Lombard General Insurance CompanyInsurance | 1.72% | 0.22% |
| Max Financial ServicesInsurance | 1.26% | 0.22% |
| CoforgeIT - Software | 1.31% | 0.21% |
| VoltasConsumer Durables | 0.89% | 0.17% |
| Sona BLW Precision ForgingsAuto Components | 0.75% | 0.14% |
| Malco EnergyOil | 0.16% | 0.11% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.98% | 0.11% |
| Talwandi Sabo PowerPower | 0.10% | 0.11% |
| Bank of MaharashtraBanks | 1.56% | 0.08% |
| Sai Life SciencesPharmaceuticals & Biotechnology | 1.42% | 0.08% |
| ThermaxElectrical Equipment | 0.99% | 0.08% |
| Bharti HexacomTelecom - Services | 1.34% | 0.06% |
| Brigade EnterprisesRealty | 1.54% | 0.06% |
| Timken IndiaIndustrial Products | 0.67% | 0.06% |
| Vedanta Iron And SteelFerrous Metals | 0.05% | 0.11% |
| CEATAuto Components | 0.92% | 0.04% |
| Whirlpool of IndiaConsumer Durables | 0.70% | 0.04% |
| BirlasoftIT - Software | 0.36% | 0.03% |
| Devyani InternationalLeisure Services | 0.69% | 0.03% |
| MeeshoRetailing | 0.77% | 0.03% |
| SBFC FinanceFinance | 1.03% | 0.02% |
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.