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20 of 86 unique stocks in common · Jaccard: 23.3%
A weighted portfolio overlap of 39.78% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹39.78 is allocated to the exact same companies at the same relative proportions. The schemes share 20 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 8.30% in SBI Nifty 50 ETF. 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 SBI |
|---|---|---|
| ICICI BankBanks | 5.93% | 8.30% |
| HDFC BankBanks | 4.31% | 10.53% |
| InfosysIT - Software | 3.41% | 3.76% |
| Reliance IndustriesPetroleum Products | 3.33% | 8.25% |
| State Bank of IndiaBanks | 2.71% | 3.70% |
| Axis BankBanks | 2.25% | 3.41% |
| Larsen & ToubroConstruction | 2.13% | 4.43% |
| Kotak Mahindra BankBanks | 2.07% | 2.62% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.67% | 1.76% |
| NTPCPower | 1.80% | 1.70% |
| Hindalco IndustriesNon - Ferrous Metals | 2.30% | 1.51% |
| Ultratech CementCement & Cement Products | 2.91% | 1.26% |
| Titan CompanyConsumer Durables | 1.13% | 1.55% |
| EternalRetailing | 1.09% | 1.67% |
| Bajaj AutoAutomobiles | 1.70% | 1.07% |
| Oil & Natural Gas CorporationOil | 1.49% | 0.95% |
| Bajaj FinanceFinance | 0.90% | 2.25% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.49% | 0.78% |
| SBI Life Insurance CompanyInsurance | 0.81% | 0.76% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.73% | 1.23% |
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.