Aditya Birla Sun Life Flexi Cap Fund vs Parag Parikh Flexi Cap Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
23.1%
Low overlap
Largely different portfolios.
14
Common stocks
68
Only in Aditya Birla Sun Life Flexi Cap Fund
39
Only in Parag Parikh Flexi Cap Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
14 common stocks
Aditya Birla Sun Life Flexi Cap FundParag Parikh Flexi Cap Fund| Stock | Aditya Birla Sun Life Flexi Cap Fund | Parag Parikh Flexi Cap Fund | Overlap |
|---|---|---|---|
| ICICI Bank LtdFinancial Services | 5.93% | 5.67% | 5.67% |
| HDFC Bank LtdFinancial Services | 3.44% | 7.63% | 3.44% |
| Kotak Mahindra Bank LtdFinancial Services | 3.37% | 4.40% | 3.37% |
| Infosys LtdTechnology | 2.21% | 3.29% | 2.21% |
| HCL Technologies LtdTechnology | 1.85% | 4.15% | 1.85% |
| Bharti Airtel LtdCommunication Services | 1.85% | 2.80% | 1.85% |
| Axis Bank LtdFinancial Services | 1.57% | 2.97% | 1.57% |
| Mahindra & Mahindra LtdConsumer Discretionary | 1.51% | 3.97% | 1.51% |
| Maruti Suzuki India LtdConsumer Discretionary | 0.98% | 2.68% | 0.98% |
| Reliance Industries LtdEnergy | 2.51% | 0.35% | 0.35% |
| Sun Pharmaceutical Industries LtdHealthcare | 0.75% | 0.13% | 0.13% |
| State Bank Of IndiaFinancial Services | 2.23% | 0.09% | 0.09% |
| Hindalco Industries LtdMaterials | 1.78% | 0.06% | 0.06% |
| Grasim Industries LtdMaterials | 1.68% | 0.04% | 0.04% |
| Total | 31.66% | 38.23% | 23.12% |
Only in Aditya Birla Sun Life Flexi Cap Fund
68 stocks, 66.8% of the fund
- Ather Energy LtdConsumer Discretionary2.07%
- Bharat Forge LtdConsumer Discretionary2.03%
- Sona Blw Precision Forgings LtdConsumer Discretionary1.88%
- United Spirits LtdConsumer Staples1.79%
- Lenskart Solutions LtdConsumer Discretionary1.77%
- Federal Bank LtdFinancial Services1.69%
- Shriram Finance LtdFinancial Services1.65%
- Jindal Steel & Power LtdMaterials1.64%
- Persistent Systems LtdTechnology1.61%
- Tech Mahindra LtdTechnology1.58%
Only in Parag Parikh Flexi Cap Fund
39 stocks, 45.8% of the fund
- Power Grid Corporation Of India LtdUtilities5.58%
- ITC LtdConsumer Staples5.26%
- Bajaj Holdings & Investment LtdFinancial Services5.14%
- Coal India LtdEnergy5.02%
- Alphabet IncTechnology4.14%
- Tata Consultancy Services LtdTechnology2.88%
- Microsoft CorpTechnology2.40%
- Amazon Com IncConsumer Discretionary2.33%
- Meta Platforms Registered Shares ACommunication Services2.18%
- Zydus Lifesciences LtdHealthcare1.52%
Check another pair
More Flexi Cap pairs
- Parag Parikh Flexi Cap Fund vs HDFC Flexi Cap Fund
- Parag Parikh Flexi Cap Fund vs Kotak Flexicap Fund
- Parag Parikh Flexi Cap Fund vs ICICI Prudential Flexicap Fund
- HDFC Flexi Cap Fund vs Kotak Flexicap Fund
- HDFC Flexi Cap Fund vs Aditya Birla Sun Life Flexi Cap Fund
- HDFC Flexi Cap Fund vs ICICI Prudential Flexicap Fund
What is mutual fund portfolio overlap?
Portfolio overlap is the share of two funds' money that sits in the same stocks in the same amounts. Two flexi cap funds that both hold HDFC Bank, ICICI Bank and Reliance overlap by the smaller of their weights in each of those stocks.
How is portfolio overlap calculated?
For every stock both funds hold, take the smaller of the two weights, then add them up. If one fund holds HDFC Bank at 8% and the other at 5%, that stock adds 5% to the overlap. Only shares count; cash, bonds, deposits and REITs are left out. The figures use each fund's latest monthly portfolio disclosure.
Is high overlap between two funds bad?
Not by itself. RuDo studied 33,153 pairs of diversified equity funds over five years to September 2026. Funds from different fund houses with 50% to 70% overlap shared mostly the index's largest stocks, and holding both still made returns swing 12% to 15% less around the index than holding either one. Overlap above 70% came mostly from two funds of the same fund house, which hold nearly the same portfolio.
How often does the overlap change?
Fund houses disclose their portfolios every month, so the overlap is refreshed as each new disclosure arrives. It moves slowly for most diversified funds and faster for focused or high-turnover funds.
Based on each fund's monthly portfolio disclosure. Past performance does not indicate future returns.