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19 of 117 unique stocks in common · Jaccard: 16.2%
A weighted portfolio overlap of 29.18% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.18 is allocated to the exact same companies at the same relative proportions. The schemes share 19 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 3.50% in Tata India Innovation 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 Tata |
|---|---|---|
| Reliance IndustriesPetroleum Products | 3.56% | 3.50% |
| Axis BankBanks | 2.98% | 3.21% |
| ICICI BankBanks | 2.91% | 4.33% |
| Tech MahindraIT - Software | 3.02% | 2.38% |
| Apollo Hospitals EnterpriseHealthcare Services | 2.30% | 3.01% |
| HDFC BankBanks | 3.20% | 2.29% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 2.19% | 2.07% |
| InfosysIT - Software | 3.55% | 1.47% |
| SwiggyRetailing | 2.24% | 1.42% |
| Kotak Mahindra BankBanks | 1.56% | 1.25% |
| Hero MotoCorpAutomobiles | 1.00% | 2.30% |
| Sonata SoftwareIT - Software | 0.90% | 1.10% |
| PricolAuto Components | 0.87% | 1.09% |
| Carborundum UniversalIndustrial Products | 0.90% | 0.86% |
| Craftsman AutomationAuto Components | 0.82% | 0.92% |
| PCBL ChemicalChemicals & Petrochemicals | 0.70% | 1.22% |
| State Bank of IndiaBanks | 2.94% | 0.70% |
| Bajaj FinservFinance | 0.64% | 1.29% |
| Adani PowerPower | 0.13% | 0.83% |
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.