How much do Back to Index and NJ Flexi Cap Fund overlap?

They share 15 common holdings, a weighted portfolio overlap of about 26.2% (moderate overlap — a meaningful shared core), as on Apr 2026. Information only, not investment advice.

What does 26.2% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

Back to Index vs NJ Flexi Cap Fund

Motilal Oswal MF · Index FundNJ MF · Flexi Cap· as on Apr 2026

Weighted portfolio overlap

26.2%

Moderate overlap

Common

Only Back

Only NJ

15 of 65 unique stocks in common · Jaccard: 23.1%

Common holdings

Stock	in Back	in NJ
HDFC Asset Management CompanyCapital Markets	5.15%	6.78%
Hero MotoCorpAutomobiles	5.15%	4.79%
Britannia IndustriesFood Products	5.18%	3.88%
Colgate Palmolive (India)Personal Products	2.20%	3.30%
InfosysIT - Software	5.20%	1.95%
Tata Consultancy ServicesIT - Software	5.64%	1.82%
Nestle IndiaFood Products	5.93%	1.73%
ITCDiversified FMCG	5.73%	1.69%
Gillette IndiaPersonal Products	0.51%	3.00%
Abbott IndiaPharmaceuticals & Biotechnology	1.35%	0.47%
CRISILFinance	0.85%	0.46%
MaricoAgricultural Food & Other Products	3.32%	0.45%
Page IndustriesTextiles & Apparels	2.54%	0.45%
Indian Railway Catering And Tourism CorporationLeisure Services	1.39%	0.32%
Oracle Financial Services SoftwareIT - Software	1.89%	0.31%

FAQ

How much do Back to Index and NJ Flexi Cap Fund overlap?: They share 15 common holdings, a weighted portfolio overlap of about 26.2% (moderate overlap — a meaningful shared core), as on Apr 2026. Information only, not investment advice.
What does 26.2% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

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.