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3 of 114 unique stocks in common · Jaccard: 2.6%
A weighted portfolio overlap of 3.24% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹3.24 is allocated to the exact same companies at the same relative proportions. The schemes share 3 common holdings.
The largest overlapping asset in their portfolios is Sobha, which commands a weight of 1.55% in Aditya Birla Sun Life Small Cap Fund and 3.26% in Franklin India Focused Equity Fund. Holding both schemes increases your concentration in Sobha 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 Franklin |
|---|---|---|
| SobhaRealty | 1.55% | 3.26% |
| Whirlpool of IndiaConsumer Durables | 1.06% | 0.99% |
| PB FintechFinancial Technology (Fintech) | 0.71% | 3.64% |
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.