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9 of 47 unique stocks in common · Jaccard: 19.1%
A weighted portfolio overlap of 27.46% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.46 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Eternal, which commands a weight of 5.07% in Back to Index and 5.83% in Back to Index. Holding both schemes increases your concentration in Eternal 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 Back to Index | in Back to Index |
|---|---|---|
| EternalRetailing | 5.07% | 5.83% |
| Billionbrains Garage VenturesCapital Markets | 4.61% | 5.09% |
| Multi Commodity Exchange of IndiaCapital Markets | 5.25% | 4.33% |
| One 97 CommunicationsFinancial Technology (Fintech) | 3.55% | 7.29% |
| Shriram FinanceFinance | 4.31% | 3.03% |
| Bharat ElectronicsAerospace & Defense | 3.88% | 2.63% |
| TVS Motor CompanyAutomobiles | 1.95% | 2.08% |
| Premier EnergiesElectrical Equipment | 3.83% | 1.25% |
| Waaree EnergiesElectrical Equipment | 3.98% | 1.04% |
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.