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9 of 87 unique stocks in common · Jaccard: 10.3%
A weighted portfolio overlap of 17.49% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.49 is allocated to the exact same companies at the same relative proportions. The schemes share 9 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 8.13% in Tata Value 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 Tata |
|---|---|---|
| ICICI BankBanks | 5.93% | 8.13% |
| HDFC BankBanks | 4.31% | 2.46% |
| Kotak Mahindra BankBanks | 2.07% | 5.18% |
| NTPCPower | 1.80% | 3.76% |
| InfosysIT - Software | 3.41% | 1.39% |
| Dixon Technologies (India)Consumer Durables | 1.11% | 2.11% |
| EternalRetailing | 1.09% | 2.32% |
| CEATAuto Components | 0.92% | 1.78% |
| VedantaDiversified Metals | 0.72% | 1.29% |
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.