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18 of 126 unique stocks in common · Jaccard: 14.3%
A weighted portfolio overlap of 28.23% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.23 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 3.55% in Aditya Birla Sun Life Value Fund and 3.21% in Nippon India Value Fund. Holding both schemes increases your concentration in Infosys 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 Nippon |
|---|---|---|
| InfosysIT - Software | 3.55% | 3.21% |
| HDFC BankBanks | 3.20% | 5.94% |
| NTPCPower | 2.93% | 3.35% |
| ICICI BankBanks | 2.91% | 5.47% |
| Reliance IndustriesPetroleum Products | 3.56% | 2.57% |
| Bharat Heavy ElectricalsElectrical Equipment | 2.05% | 2.16% |
| State Bank of IndiaBanks | 2.94% | 1.84% |
| Jindal SteelFerrous Metals | 1.96% | 1.78% |
| SBI Life Insurance CompanyInsurance | 0.93% | 1.15% |
| Bharat ElectronicsAerospace & Defense | 0.85% | 1.33% |
| Tech MahindraIT - Software | 3.02% | 0.82% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 0.80% | 1.24% |
| VedantaDiversified Metals | 0.78% | 0.95% |
| LTIMindtreeIT - Software | 1.68% | 0.77% |
| Grasim IndustriesCement & Cement Products | 1.74% | 0.74% |
| Hero MotoCorpAutomobiles | 1.00% | 0.74% |
| Larsen & ToubroConstruction | 0.68% | 3.24% |
| Axis BankBanks | 2.98% | 0.64% |
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 Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.