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21 of 143 unique stocks in common · Jaccard: 14.7%
A weighted portfolio overlap of 26.81% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.81 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 3.56% in Aditya Birla Sun Life Value Fund and 5.11% in Franklin India Multi-Factor Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 3.56% | 5.11% |
| HDFC BankBanks | 3.20% | 6.33% |
| InfosysIT - Software | 3.55% | 2.94% |
| ICICI BankBanks | 2.91% | 4.63% |
| State Bank of IndiaBanks | 2.94% | 2.09% |
| NTPCPower | 2.93% | 1.92% |
| Axis BankBanks | 2.98% | 1.90% |
| Kotak Mahindra BankBanks | 1.56% | 1.98% |
| Shriram FinanceFinance | 3.27% | 1.20% |
| Hero MotoCorpAutomobiles | 1.00% | 1.23% |
| Bharat ElectronicsAerospace & Defense | 0.85% | 1.47% |
| Multi Commodity Exchange of IndiaCapital Markets | 2.79% | 0.76% |
| VedantaDiversified Metals | 0.78% | 0.70% |
| Larsen & ToubroConstruction | 0.68% | 3.07% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.48% | 1.42% |
| Canara BankBanks | 0.43% | 1.11% |
| Malco EnergyOil | 0.18% | 0.45% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.06% | 0.15% |
| Adani PowerPower | 0.13% | 0.49% |
| Talwandi Sabo PowerPower | 0.10% | 0.26% |
| Vedanta Iron And SteelFerrous Metals | 0.05% | 0.14% |
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.