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13 of 101 unique stocks in common · Jaccard: 12.9%
A weighted portfolio overlap of 21.81% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.81 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.31% in Aditya Birla Sun Life Retirement Fund - The 40S Plan and 2.99% in Lic Mf Children’S Fund. Holding both schemes increases your concentration in HDFC 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 Lic |
|---|---|---|
| HDFC BankBanks | 4.31% | 2.99% |
| State Bank of IndiaBanks | 2.71% | 2.40% |
| ICICI BankBanks | 5.93% | 2.32% |
| Axis BankBanks | 2.25% | 3.60% |
| Larsen & ToubroConstruction | 2.13% | 2.76% |
| Kotak Mahindra BankBanks | 2.07% | 2.27% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.67% | 1.64% |
| Ultratech CementCement & Cement Products | 2.91% | 1.62% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 1.48% | 1.23% |
| Titan CompanyConsumer Durables | 1.13% | 1.17% |
| Bharti HexacomTelecom - Services | 1.34% | 1.10% |
| Vinati OrganicsChemicals & Petrochemicals | 0.54% | 1.18% |
| EternalRetailing | 1.09% | 0.40% |
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.